Mergers and acquisitions
This comes just a week after news broke that Bright Health plans IPO.
The deal is expected to close this summer, subject to stockholder approval, and will raise $113 million for the combined company.
WELL Health plans on keeping Intrahealth a stand-alone business in its EMR group.
The deal is valued at about $194 million and will drive about a third of the telemedicine company's expected revenue moving forward.
IBH will now have access to Uprise's mental healthcare services, which include self-guided modules and coaching.
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PWNHealth will rebrand as Everly Health Solutions and will operate as an independent arm of Everly Health.
The companies expect the deal to close in the second quarter of 2021, subject to customary closing conditions.
Grand Rounds' CEO Owen Tripp will continue on as the CEO of the combined entity.
The company gained Karuna’s team, customers, technology and insights through the deal.