Spring Well being, a number one world psychological well being platform for employers and well being plans, has entered into an settlement to accumulate Alma, the membership-based platform that helps impartial psychological well being clinicians settle for insurance coverage and construct thriving non-public practices. Phrases of the transaction weren’t disclosed. “Spring Well being has helped hundreds of thousands of individuals entry high-quality care by their employers and well being plans with industry-leading medical outcomes, however there’s extra work to do,” remarked April Koh, Cofounder and CEO of Spring Well being. “By bringing our firms collectively, we will ship care that’s accessible, efficient, and related at unprecedented scale.”
Spring Well being has helped hundreds of thousands of individuals entry high-quality care by their employers and well being plans with industry-leading medical outcomes, however there’s extra work to do. By bringing our firms collectively, we will ship care that’s accessible, efficient, and related at unprecedented scale. – April Koh
Based by Harry Ritter in 2018, Alma had raised a complete of $220.5M in fairness funding and is backed by Thoma Bravo, Perception Companions, Cigna Ventures, Tusk Enterprise Companions, First Spherical Capital, Major Enterprise Companions, Sound Ventures, BoxGroup, and Rainfall Ventures. Alma developed a platform that allows clinicians to look after greater than 120 million lives by contracts with nationwide payers, in addition to a number of regional plans. As a part of the acquisition, Alma’s platform shall be built-in into Spring Well being’s product portfolio, offering insurers, suppliers, and digital well being firms with steady, personalised psychological well being care. Harry Ritter will proceed as CEO of Alma, main the group inside Spring Well being.
“Alma has centered on empowering clinicians to ship high-quality, in-network care over the long run,” remarked Harry Ritter, Founder and CEO of Alma. “Becoming a member of Spring Well being accelerates our skill to assist clinicians with industry-leading know-how whereas enhancing high quality, expertise, and outcomes for members and well being plan companions.”
Alma has centered on empowering clinicians to ship high-quality, in-network care over the long run. Becoming a member of Spring Well being accelerates our skill to assist clinicians with industry-leading know-how whereas enhancing high quality, expertise, and outcomes for members and well being plan companions. – Harry Ritter
The acquisition comes throughout a interval of great development for Spring Well being, which helps greater than 50 million by employer and well being plan psychological well being advantages. The corporate has skilled sustained momentum over the previous three years, with a compound annual development charge exceeding 80%. The acquisition is predicted to shut in Q2 of 2026, topic to customary closing circumstances.
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