AXIOS January 6, 2022
Erin Brodwin

Payment startup Nomi Health has acquired Artemis Health, which uses data to help U.S. employers fine-tune health offerings, in a $200 million deal.

Why it matters: The pairing of the two payment-minded startups is part of an ongoing consolidation wave in digital health where small, like-minded upstarts combine their assets to round out their offering.

Other examples of the trend include:

  • Telehealth giant Teladoc acquiring diabetes-focused virtual care provider Livongo for $18.5 billion.
  • Health clinic operator Carbon Health purchasing remote monitoring startup Alertive Healthcare for an undisclosed sum.
  • The merging of Headspace and Ginger, two mental health providers.

The details: While Nomi connects employers directly with health care providers, Artemis scans employers’ health care budgets to trim the...

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