Austin, TX and Columbia, MD (PRWEB) June 23, 2014
The WhiteGlove Health Board of Directors have unanimously voted in favor of acquiring Glenridge Health Solutions. WhiteGlove Health, a leader in Direct Primary Care and Value-Based Solutions, will finalize the transaction by the end of June 2014 making Gledridge Health Solutions, a consulting, technology and professional services firm that serves the healthcare industry, a wholly owned subsidiary.
Founded in 1997, Glenridge HealthCare Solutions is a professional services organization that supports the strategic and operational needs of health plans, providers and employers. Throughout their 15-year history, Glenridge has contracted with over 32 health plans and health systems in all 50 states. Glenridge currently employs 80 individuals, about half of which work out of Glenridge’s Columbia, Maryland office. The remaining team members are spread across 18 other states. The Columbia office will be maintained and there are no plans to reduce staffing as a result of the merger.
Chief Executive Officer of WhiteGlove Health, Nick Balog, commented "The WhiteGlove Health Glenridge partnership is founded on the principal that both organizations have very ambitious goals and collectively will be able to open doors to new opportunities. Together, we will be able to achieve those goals with greater ease and more efficiency than was possible alone."
Glenridge President Terry Spoleti will assume the role of Chief Innovation Officer and join the WhiteGlove Health Board of Directors. Both companies will continue to operate as before under the same management and remain headquartered in Austin and Columbia respectively.
Balog went on to say "The WhiteGlove Health Glenridge combination provides both organizations the opportunity to impact meaningful change in the health care marketplace. This is a new chapter as we continue to pursue much needed meaningful and sustainable change in health care."