Announced
Financials
Tags
Merger
Single Bidder
Friendly
United States
Health Care Services
Majority
Private
virtual care
Acquisition
Domestic
Pending
Private Equity
Synopsis
Carlyle Group-backed Grand Rounds, a healthcare quality and navigation company, agreed to merge with Doctor On Demand, a virtual care provider. Financial terms were not disclosed. "No one has done this before, combining navigation and virtual care delivery. We think it’s the future. People make unguided healthcare decisions every day, often with higher costs and worse outcomes. Now, with Doctor On Demand, we’ll offer them coordinated support on all fronts—physical, behavioral, financial, administrative—and we’ll do it for everything from acute issues to life-long health. This is truly complete care, and it’s what we all need," Owen Tripp, Grand Rounds CEO.
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