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.