07 Mar 2023

Transcarent to Acquire 98point6 AI-Powered Virtual Care Platform and Care Business

Transcarent, a health and care experience company, has announced plans to acquire the leading AI-powered virtual care platform and care business of on-demand primary care company, 98point6. The acquisition gives Transcarent access to the leading AI-powered virtual care technology and an affiliated medical group of providers skilled at delivering high-quality, on-demand care.


The agreement will provide current 98point6 self-insured enterprise customers, health systems, and payers easy access to Transcarent’s comprehensive health and care experience platform including EveryDay Care, Pharmacy Care, Care@Home, Surgery Care, and Complex Care.


The transaction is expected to close March 31st, after which 98point6 Technologies will continue to develop innovative technology solutions and focus its efforts on licensing its 98point6 Technology Platform software to third-party health care providers.


The 98point6 acquisition is the latest step in Transcarent’s journey to design a health and care experience for health consumers while aligning with the organisations that pay for that care. Transcarent’s acquisition of 98point6’s industry leading care technology and the ability to closely partner with an affiliated provider group will complement its in-house capabilities and partnerships with top local providers and health systems across a full spectrum of virtual and in-person care, providing a more personalised Member health and care experience that integrates across solutions. 


Transcarent Members will have the flexibility to opt into a best-in-class, text-based virtual clinic experience including on-demand access to high-quality primary care anytime and anywhere in the United States, with direct access to follow-on specialty care at home or in their local communities from our provider partners including many of the leading health systems across the country. 


This transaction also strengthens our relationships with some of the most innovative payors in the country who are embracing innovative technologies to offer more consumer directed care.



Click here to read the original news story.


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