Announced
Completed
Financials
Tags
virtual primary care
United States
Single Bidder
Friendly
Acquisition
Health Care Services
Domestic
Private Equity
mental health treatment
Majority
Private
Completed
Synopsis
Accolade, an innovative healthcare company, completed the acquisition of PlushCare, a provider of virtual primary care and mental health treatment, from GGV Capital, a private equity firm, for $450m. “Our mission is to reinvent healthcare, and this acquisition represents another important step towards realizing that goal. By expanding our clinical team of physician medical directors, nurses, specialists, and benefits experts to include primary care doctors and mental health experts, we are responding to customers who are asking Accolade to expand our capacity to serve their employees at every step of their care journey. Equally important, we extend our capacity to deliver measurable value for employers seeking coordinated, longitudinal care at scale for their workforce," Rajeev Singh, Accolade CEO.
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