Fierce Healthcare May 20, 2024
Centivo, a health plan for self-funded employers, acquired virtual-first medical provider Eden Health to broaden its reach with employers and expand to all 50 states.
Through this acquisition, Centivo now serves more than 160 employers ranging from Fortune 100 companies to small businesses, executives said.
Prior to the acquisition, the company served 120 self-funded employers. Centivo reports a 90% growth rate in the past year. “On a combined basis, we will serve up to about 2 million eligible patients through both Centivo contracted clients as well as Eden’s contracted clients and partners,” Ashok Subramanian, founder and CEO of Centivo, said in an interview.
Eden Health, founded in 2015, is a concierge provider that offers healthcare services to employers and provides...