Centivo Acquires Eden Health

Centivo

Centivo, a NYC-based healthcare company for employers and their employees, announced the acquisition of Eden Health, an employer-centered virtual-first medical provider.

The amount of the deal was not disclosed.

With the acquisition, Centivo will accelerate its plans to scale its primary care-centered health plans to more working families and employers nationwide. Through this acquisition, Centivo now serves more than 160 employers ranging from Fortune 100 companies to small businesses, with market reach in all 50 U.S. states to remove barriers to healthcare. Eden Health’s clinical services will be fully integrated into Centivo, enhancing the company’s virtual advanced primary care practice, while broadening its clinical services to include mental health care, urgent care and workplace pop-up clinics. The acquisition will also integrate Eden Health’s technology, which interweaves its clinicians’ Electronic Medical Records system with its proprietary member app, enabling data-driven engagement and collaborative care through omni-channel interactions.

Led by CEO Matt McCambridge, Eden Health is a new kind of primary care that unites primary care, mental health support, and care navigation under a collaborative care model to simplify the complexity that patients typically face. It works directly with employer groups and health plans to provide 24/7 virtual and in-person care that builds trust, engagement, and satisfaction.

Led by Ashok Subramanian, Founder and CEO, Centivo specializes in health plans for American working families and employers. It aims to bring healthcare to workers who struggle to pay their medical bills. Its health plan is designed specifically to curb the inefficiency and waste in today’s employer-sponsored health plans, working to remove barriers to healthcare. In partnership with leading local health systems, Centivo’s primary care-centered health plan offers U.S. employers a replacement to traditional health insurance carriers, lowering the total cost of care by 30 percent or more while delivering tangible value to employers, employees, and its partner health systems.

Through this acquisition, Centivo now serves more than 160 employers ranging from Fortune 100 companies to small businesses, with market reach in all 50 U.S. states to remove barriers to healthcare.

FinSMEs

21/05/2024