Fierce Health Technology July 7, 2021
Healthcare mergers and acquisitions are in no short supply as providers, payers, health tech companies and other industry players look to expand their businesses and gain a competitive edge. Here’s a roundup of dozens of new deals that were revealed, closed or called off during the month of June.
Provider
One Medical has entered an agreement to purchase Iora Health, a competing primary care provider, in a $2.1 billion all-stock deal. Whereas One Medical has traditionally focused on primary care for the commercially insured, Iora Health’s Medicare focus stands to expand the former’s potential market opportunity to $870 billion, One Medical said. The new partners expect the deal to close in the late third quarter or fourth quarter of 2021.
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