Centivo completes acquisition of Eden Health to expand advanced virtual primary care
May 20, 2024•over 1 year ago
Acquiring Company
Centivo
Acquired Company
Eden Health, Inc.
Description
Centivo, a pioneering healthcare company, has announced the acquisition of Eden Health, an employer-centered virtual-first medical provider. This strategic move enables Centivo to accelerate its plans to scale its primary care-centered health plans to more working families and employers nationwide. Through this acquisition, Centivo aims to integrate and expand its clinical services to include mental health care, urgent care, and workplace pop-up clinics, while also enhancing data-driven engagement and collaborative care through omni-channel interactions.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed