Contribute Try STAT+ Today

In a bid to beef up the services it can provide directly to customers, Accolade announced on Friday that it plans to acquire telehealth provider PlushCare in a deal worth up to $450 million.

It’s the latest in a spate of acquisitions in which health providers and payers have sought to bring basic telehealth offerings in-house. The move comes after a year of significant expansion for Accolade. The employer benefits platform, which helps employees access care through a guided concierge system, went public in July 2020 and finalized its acquisition of second opinion service last month in a deal worth up to $460 million.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!


What is it?

STAT+ is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.

What's included?

  • Daily reporting and analysis
  • The most comprehensive industry coverage from a powerhouse team of reporters
  • Subscriber-only newsletters
  • Daily newsletters to brief you on the most important industry news of the day
  • STAT+ Conversations
  • Weekly opportunities to engage with our reporters and leading industry experts in live video conversations
  • Exclusive industry events
  • Premium access to subscriber-only networking events around the country
  • The best reporters in the industry
  • The most trusted and well-connected newsroom in the health care industry
  • And much more
  • Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.