Becker's Healthcare August 25, 2021
Jackie Drees

Mental health and meditation app Headspace announced plans Aug. 25 to merge with on-demand digital mental health service Ginger.

Seven details:

1. Under the deal, the two companies will merge to form Headspace Health, which will serve consumers, employers and health plans.

2. The new organization would have a combined value of $3 billion and more than 800 employees, TechCrunch reported.

3. Founded in 2010, Headspace offers mindfulness training and is known as one of the first meditation apps. The company has previously partnered with healthcare providers including Grand Rapids, Mich.-based Spectrum Health and Oakland, Calif.-based Kaiser Permanente on offerings for employees and patients.

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Topics: Apps, Digital Health, Mental Health, Mergers & Acquisitions / JV, Provider, Technology, Trends
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