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Cigna-backed Evernorth completed the acquisition of MDLIVE for $2bn.

Synopsis

Cigna-backed Evernorth, a health service company, completed the acquisition of MDLIVE, a telemedicine company, for $2bn. "Becoming part of the Evernorth portfolio is an opportunity for MDLIVE to join an organization that complements our work, and has been a long-time partner and investor in our business. Together, we can accelerate MDLIVE's growth strategy and ability to serve more customers, while also building new services that will benefit our existing stakeholders, including employees, partners, patients, customers, health plans and providers," Charles Jones, MDLIVE Chairman and CEO.

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