Transcarent to Buy Part of Virtual Care Company 98point6

Transcarent, a digital platform focused on the self-insured employer market, announced plans to acquire assets from 98point6, including its AI-enabled virtual care platform and care business.

According to reporting by Forbes, the deal is worth up to $100 million. It includes 98point6’s business with self-insured employers, health systems and payers, as well as an affiliated medical group.

The company offers text-based virtual care that uses an AI chatbot to collect and relay health information to a provider, who can then manage care. Following the deal, which the companies expect to close at the end of the month, 98point6 will focus on licensing its software to third-party providers. Read more.

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