Industry Bulletins | January 11, 2022
Castlight Health &Vera Whole Health To Merge; Will Combine To Pioneer & Scale Value-Based Care In Commercial Markets
Castlight Health, Inc. (Castlight), a leading health care data and navigation company, and Vera Whole Health, Inc. (Vera), a pioneer in advanced primary care, jointly announced an agreement under which Vera will acquire Castlight. The all-cash transaction is valued at $370 million. It is anticipated to close during the first quarter of 2022. After the transaction closes, Castlight will become a privately held company.
The combined company will integrate Castlight's market-leading technology with Vera's purpose-built clinics, health care professionals and strategic partnerships with local provider organizations. It will focus on transforming how consumers access and . . .