Telehealth company eVisit acquires Bluestream Health

▤ Summary

The Bluestream acquisition will allow eVisit to scale its acute and enterprise care offerings more quickly, said CEO Sachin Agrawal. It will double eVisit’s current customer base, including physician networks, hospitals and health systems, to more than 100 organizations. Acquiring Bluestream also bolsters the company’s ability to expand into new sectors such as organizations focused on public health care delivery and incarcerated populations, Agrawal said. “An underserved population, often ignored [with] significant health care needs [and] high barriers to access that can be addressed through, opening up more effective digital front doors and seamless workflow.” Agrawal said broader economic conditions had less of an impact on the deal. “Were going to continue to be opportunistic about ways to consolidate so that we can be more [comprehensive] and what we can offer our customers.” According to Agrawal, eVisit will retain more than 90% of Bluestream’s workforce.

▦ Linked Companies

eVisit

$1M to $5M