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Announced

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Fresenius Medical, InterWell Health and Cricket Health completed a $2.4bn merger.

Synopsis

Fresenius Medical, a provider of products and services for individuals with kidney diseases, InterWell Health, a provider of healthcare services, and Cricket Health, a provider of kidney care services, completed a $2.4bn merger. The new organization operates under the InterWell Health brand. Valtruis, Oak HC/FT, Cigna Ventures and Blue Shield of California are participating in the deal. "The new InterWell Health will bring together physicians, care management teams, and providers to ensure we show up as one team and provide the best possible experience for the patients who entrust us with their care. Cricket Health's predictive analytics and patient engagement platform combined with the physician-led clinical approach of InterWell Health and Fresenius Health Partners' experience and expertise in value based care will position the organization for accelerated growth," Bill Valle, Fresenius Medical CEO of Care Delivery.

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