McKinney, Texas-based Globe Life has announced the acquisition of Evry Health, expanding its operations and business reach. The amount of the deal was not disclosed.
Evry Health is a business-to-business health insurance company that lowers the cost of healthcare through software automation with a mobile-first experience. The company is located in Dallas, Texas. It offers group health insurance plans in Austin, Houston and San Antonio, providing a nationwide network for health coverage. Additionally, it offers tailored wellness plans at no cost to employers or employees.
Globe Life is an American financial services holding company listed on the New York Stock Exchange which operates through its wholly owned subsidiaries providing life insurance, annuity and supplemental health insurance products.
According to data captured in the LevinPro HC database, this transaction is the 24th Managed Care acquisition of 2023. This represents a decline from the year before where 40 Managed Care acquisitions were announced between January 1, 2022, and October 17, 2022.
