# Marathon Health

Marathon Health is an Asset Manager based in Winooski, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Winooski, United States
- **Region:** North America
- **Address:** Winooski, VT, United States
- **Assets under management:** Undisclosed
- **Website:** marathon-health.com
- **LinkedIn:** https://www.linkedin.com/company/42-km

## Regulatory record

- **Reports private funds:** No

## About

Marathon Health is a healthcare company founded in 2005 in Indianapolis, Indiana. It provides primary care and occupational health services to employers, unions, health plans, brokers, and consultants. Services include onsite and near-site health centers, virtual primary care, mental health care, musculoskeletal care, and population health management.

## Sectors

- Healthcare Services
- Digital Health

## Questions

### Who owns Marathon Health?

General Atlantic acquired a majority stake in Marathon Health in 2019. Prior to that, Goldman Sachs Asset Management held an investment in the firm. The company operates independently under this ownership structure, with leadership retaining operational control over clinic growth and service-line expansion.

### How does Marathon Health make money?

Marathon Health contracts directly with self-insured employers and unions, charging a per-employee-per-month fee. In exchange, the employer's workforce receives no-cost primary care, coaching, and chronic disease management at Marathon Health-operated clinics. The firm does not bill insurance carriers, and its revenue is not tied to traditional fee-for-service volume.

### Does Marathon Health provide virtual care or only in-person visits?

Marathon Health offers integrated virtual care alongside its physical health centers. The virtual platform provides primary care, behavioral health, and health coaching to employees who cannot access a physical clinic, functioning as an extension of the same clinical team rather than a separate telehealth vendor.

### Who are Marathon Health's main competitors?

The primary competitors in the employer-sponsored health-center market are Premise Health, CareATC, and Everside Health — now merged with Marathon Health competitor Healthstat. Each operates a similar model of contracting with self-insured employers to provide worksite or near-site primary care. Marathon Health is generally considered one of the three largest players in this niche.

### What types of employers use Marathon Health?

Marathon Health's client base includes municipalities, public school systems, mid-size and large manufacturers, and other self-insured organizations with geographically concentrated workforces. The model works best for employers with several hundred or more employees in a single location, where a dedicated clinic can achieve sufficient utilization to justify the fixed cost.

### Is Marathon Health a healthcare provider or an employer-services company?

Legally and operationally, Marathon Health is both — it employs physicians and nurse practitioners who deliver primary care, but its customer relationships and revenue model function as an employer-services business. The firm competes for HR and benefits budgets, not for patient volume in the traditional healthcare marketplace.

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Last updated: 2026-06-03T20:00:00.000Z

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