HealthyMD and IMG Health Clinic announced on July 19 that the two companies had entered into an agreement to merge.
IMG Health Clinic is a health clinic that primarily provides care for sexual wellness and infectious diseases. It is based in Tamarac, Florida.
HealthyMD is a healthcare company that provides comprehensive, end-to-end sexual healthcare for underserved communities and populations across the United States.
HealthyMD and IMG Health Clinic will leverage their combined expertise and resources to expand geographic reach and combine robust care delivery systems, including dozens of brick-and-mortar and mobile clinics, a robust telehealth network, comprehensive diagnostic services, experienced care coordinators and search and rescue teams. The financial terms were not disclosed.
“By bringing these two organizations together as a federally designated covered entity, we are extremely well positioned to maximize federal resources, extend our reach, and improve access to comprehensive care for some of the most vulnerable people across the country. This merger constitutes a huge step toward eradicating the HIV and Hepatitis C epidemic in the U.S.,” said HealthyMD Co-Founder Clifford W. Knights II.
According to data captured in the LevinPro HC database, this acquisition marks the 24th health clinic transaction of 2024. Throughout all of 2023, 39 health clinic transactions were reported. This is also the first health clinic in Florida to be purchased in 2024.
