Network Expansion Creates Largest, Highest Quality, and Most Flexible Network of Fertility Clinics in the US, Driving High ROI for Customers

WEST DES MOINES, Iowa, Aug. 4, 2025 /PRNewswire/ -- Carrot today announced a major expansion to its nationwide network of high-performance clinics and providers with 4,200 new contracts across all 50 states. To complement this growth, Carrot's robust managed fertility clinic network now offers greater flexibility with payments for customers and a more seamless care experience for members.

"Each year, Carrot makes important investments to strengthen our managed network, elevating and evolving the experience for members, customers, and providers," said James Wong, Carrot's Chief Outcomes Officer. "In 2025, we made large investments to build on our strong foundation across three key areas: access, payments, and quality. Together, these changes mean even more access, better member experiences, and outstanding clinical outcomes for Carrot customers."

Key managed network expansions include:

• More high-quality clinics, in more places across the US:
  Carrot members can now access an additional 4,200 clinics and providers across all 50 states. These clinically vetted facilities join an already robust global network of over 17,000 providers that include fertility, menopause, urology, and third-party assistance for donor eggs and sperm. Carrot determines which clinics are invited to join its network based on quality metrics and factors such as outcomes, credentials, geo-access, fair-market pricing, and patient experience.

• Intelligent identification of the highest performing providers:
  By leveraging its fast-growing fertility outcomes dataset, Carrot further stratified the quality of providers within its network to identify the highest-performing clinics. Carrot evaluates providers based on categories including elective single-embryo transfer (eSET) rate, clinical pregnancy rate, live birth rate, and pre-term rate. Through CarrotMatch's dynamic, personalized evaluation, members are consistently connected with the best provider for them, helping improve outcomes, and avoid complications and unnecessary procedures.

• Expanded US payments capabilities:
  Carrot further expanded its payments capabilities with new features that simplify the member experience and give customers more options for plan design. For customers with existing major medical plans, the Carrot Card now includes cost share capabilities, such as coinsurance and copayments. Additionally, in other cases, Carrot can now receive and pay claims directly to providers, eliminating the need for US members to use the Carrot Card or wait for reimbursement.

This network expansion builds on Carrot's momentum in redefining fertility care through a comprehensive, root-cause approach. The company recently announced Sprints, a groundbreaking program that directly targets conditions related to metabolic dysfunction. Together with this network expansion, these advances further enable Carrot to deliver hyper-personalized care by connecting members with top-performing clinics while addressing underlying health factors that affect fertility and pregnancy outcomes.

"Maintaining the best-in-class network isn't just about identifying top performing providers – it's about ensuring that every member receives the highest quality, evidence-based care at the right time, in the right setting, and with clear financial transparency," said Dr. Asima Ahmad, Carrot's Chief Medical Officer. "By guiding members individually, Carrot is continuing to improve results, reduce unnecessary and expensive care, and elevate the entire standard of care for fertility."

About Carrot

Carrot is the leading global fertility and family care platform, unlocking support for life's major moments. Trusted by more than 1,000 of the world's best multinational employers, health plans and health systems, Carrot's comprehensive clinical program delivers industry-leading cost savings for employers and exceptional experiences for millions of employees. Its award-winning product serves all populations, whether there is a need for preconception care, pregnancy, IVF, male factor infertility, adoption, gestational carrier care or menopause, Carrot supports members and their families through many of the most memorable and meaningful moments of their lives.

Carrot has received national and international recognition for its pioneering work, including Fast Company's 'Most Innovative Companies,' CNBC's '100 Barrier Breaking Startups' and more. Carrot is regularly featured in media reporting on issues related to the future of work, women in leadership, and healthcare innovation; such as The Economist, Bloomberg, Elle Magazine (Japanese edition), The Wall Street Journal, ABC, CNBC, National Public Radio, Harvard Business Review and more.

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SOURCE Carrot Fertility, Inc.