Healthcare Finance News January 8, 2025
Jeff Lagasse

The companies Boards of Directors say the merger will make it easier for people to access affordable healthcare.

Transcarent, an employee healthcare navigation company, has entered into a definitive agreement to acquire health benefits platform Accolade for about $621 million, or $7.03 per share in cash.

The Boards of Directors of both companies unanimously approved the combination, which they said will make it easier for people to access affordable healthcare, promising a “more personalized and engaging member experience.”

The transaction is expected to bring Transcarent’s generative AI-powered WayFinding and comprehensive care experiences – Cancer Care, Surgery Care and Weight Health – along with its Pharmacy Benefit offering together with Accolade’s Personalized Healthcare Platform and expertise in advocacy, expert medical opinions...

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Topics: AI (Artificial Intelligence), Insurance, Mergers & Acquisitions / JV, Self-insured, Technology, Trends
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