Finance
The company plans to use this M&A to gain a foothold in the Medicare space.
The global health service company has launched a region-specific offering aimed at “SMEs, corporates and government organisations” within the country.
The deal is expected to close in the second half of 2021 and be worth roughly $4.2 billion.
Frost & Sullivan says the recent shift in attention away from primarily focusing on reproductive-age issues to untapped market areas will be a key factor to the sector’s growth.
The agreement will focus on improving solutions across Aster’s entities in the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA), Qatar, and Oman.
The deal will add Included Health’s LGBTQ+ care navigation services to Grand Rounds Health and Doctor On Demand’s virtual care platform.
The platform can give users resources about treatment, educational plans and coping with ADHD.
The company is using the funds to expand into new care areas including sleep, hypertension and diabetes.
The acquisition will give AMN Healthcare a foothold in the virtual home health and outpatient care space.
Geetha has developed AI models that can gain insights into patient behavior and personalize care.