Mergers and acquisitions
The acquisition announcement comes just after WHOOP reported it had raised $200 million in Series F funding.
One Medical shareholders will now own 73% of the joint company and Iora Health shareholders will have 27%.
The acquisition is part of the healthcare tech company's plan to expand globally.
The company plans to use the new cash to build its staff and grow its services.
The company will put the funding toward market adoption and new product creation.
The company, formerly known as Pacific Knowledge Systems, will absorb three applications by Ainsoff that help reduce the risk of death for seriously ill patients and automate key clinical processes.
The new acquisition is set to give K Health more behavioral health capabilities.
Ginger’s CEO Russell Glass will take over as CEO of Headspace Health, and Headspace CEO CeCe Morken will continue to serve as Headspace CEO and president of the combined company.
Connect America signed a definitive agreement to acquire 100Plus for an undisclosed sum.
TRIPP PsyAssist will provide protocols and anxiety-easing support to patients undergoing ketamine-assisted therapy.