VCBeat (WeChat: vcbeat) learned from foreign media that on January 16, U.S. local time, Paladina Health, a leader in primary care services in the United States, announced the acquisition of healthcare service provider Activate Healthcare.
Founded in 2009 and headquartered in Indianapolis, Indiana, Activate Healthcare is a company that provides on-site medical services and has the capability to deliver customized clinic solutions for its partners. These solutions empower individuals and their families to take control of their health and manage their well-being, while also helping healthcare organizations control medical costs. Activate Healthcare is committed to transforming the healthcare industry by delivering proactive primary care, chronic disease management, and wellness services in local or nearby communities.
Paladina Health was founded in 2010 and is headquartered in Denver, Colorado. The company leverages health data analytics through its network of medical practices to provide patients with direct, convenient, around-the-clock access to care. Paladina Health’s clinical outcomes exceed the HEDIS commercial PPO benchmarks, allowing patients more time to address health concerns with their healthcare providers, thereby ensuring high-quality care while reducing costly specialist visits. Employers who choose Paladina Health aim to offer their employees the highest quality benefits, supporting the long-term achievement of their health and wellness objectives.
“We are delighted to partner with Activate Healthcare and its talented team to realize our shared vision of transforming healthcare delivery in the United States,” said Chris Miller, CEO of Paladina Health. “This partnership underscores the need for innovation and change, both to improve the health of Americans and to reduce costs for employers and unions within the healthcare system.”
The market is increasingly focusing on patient-centered and value-based healthcare service models, with Activate Healthcare recognized as one of the fastest-growing organized primary care providers. In its 2018 Healthcare Services Report, KLAS Research acknowledged the company as a top performer in three key measures: overall performance, staff quality, and strategic expertise.
“Our team is dedicated to serving patients and their families, empowering them to take control of their health at any time, while providing our clients with effective cost-management tools,” emphasized Debra Geihsler, Head and Co-Founder of Activate Healthcare.
Peter Dunn, Head and Co-Founder of Activate Healthcare, further stated, “As more high-quality primary care services are made available across China, we are very confident in the enhancement of our company’s comprehensive capabilities in the future.”
In 2018, Paladina Health announced its acquisition by New Enterprise Associates (NEA) and secured follow-on financing from strategic investors including NEA, Oak HC/FT, Alta Partners, and Greenspring Associates.
Paladina Health and Activate Healthcare collectively serve approximately 170,000 patients across nearly 100 clinics in 18 states. The merged organization will be dedicated to fulfilling its shared mission of leveraging innovative technologies to enhance the quality of medical care, improve patient outcomes, and transform healthcare delivery.