Centivo announced on May 20 the acquisition of Eden Health, an employer-centered virtual-first medical provider. Through this acquisition, Centivo now serves more than 160 employers ranging from Fortune 100 companies to small businesses, with market reach in all 50 states to remove barriers to healthcare.
Eden Health unites primary care, mental health support and care navigation under a collaborative care model to simplify the complexity that patients typically face. Eden works directly with employer groups and health plans to provide best-in-class, 24/7 virtual and in-person care.
Founded in 2017, Centivo offers a digital health plan aimed at self-funded employers looking to provide employees with care. The company is headquartered in New York, New York.
Eden Health’s clinical services will be fully integrated into Centivo, enhancing the company’s virtual advanced primary care practice, while broadening its clinical services to include mental health care, urgent care and workplace pop-up clinics. The acquisition will also integrate Eden Health’s technology, which interweaves its clinicians’ electronic medical records system with its proprietary member app, enabling data-driven engagement and collaborative care through omni-channel interactions.
Lippes Mathias LLP and Lowenstein Sandler LLP served as legal counsel to Centivo. MTS Health Partners, L.P. acted as the exclusive financial advisor, and Foley & Lardner LLP acted as legal counsel to Eden Health.
According to data captured in the LevinPro HC database, this acquisition represents the 88th eHealth transaction of 2024, and the 14th in the telehealth specialty.
