Carbon Health, which provides primary care services, acquired digital diabetes clinic Steady Health. Financial terms were not disclosed. Steady Health is a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from endocrinologists. The acquisition accelerates Carbon Health’s rollout of an innovative new primary care model, which integrates Carbon Health’s strong clinic footprint with virtual and hardware-enabled capabilities that deliver an omnichannel experience of high-quality, accessible health care.
The company has also brought on former Apple Health head Myoung Cha as chief strategy officer (CSO) and president of the new Home-Based Care division, as well as former Honor president Nita Sommers as chief growth officer (CGO). As part of his role, Mr. Cha will grow the company’s device-enabled home care operations, including virtual care, remote patient monitoring, and home diagnostics services. In her role, Ms. Sommers will expand Carbon Health’s services into areas such as mental health and pediatrics, as well as build out Carbon Health’s value-based offerings for employers and payers. The company seeks to open 1,500 clinics by 2025.
This was reported by Carbon Health on June 4, 2021.