Mergers and acquisitions
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.
Peloton's M&A flurry, fertility wearables for COVID-19 detection and more digital health news briefs
Also: Boston Medical Center releases free app for clinicians treating OUD; ClearUP's OTC sinus relief device wins expanded indication.
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.
The acquisition allows cliexa to meet GI customers with an end-to-end automated scheduling, reporting and communications platform.
The digital MSK company is looking to bundle the non-invasive, non-addictive pain reduction device alongside the rest of its employer-focused offerings.
Investment firm Kuwait Life Sciences Company's Dr. Mussaad M. Al-Razouki gives a breakdown of recently filed or finalized digital health SPACs, as well as a list of unicorns ripe for a potential merger.