(PRWEB) June 26, 2014
WhiteGlove Health, Inc., a leading population health management provider and a portfolio company of Biomark Capital and Enhanced Equity Funds, today announced the acquisition of Glenridge HealthCare Solutions, a premier provider of technology-enabled provider network development and consulting services.
Founded in 1997 by the company’s President Terry Spoleti and headquartered in Columbia, MD, Glenridge offers a full suite of differentiated services utilizing proprietary tools and software that supports payers and providers through development of high-quality provider networks and strategic consultation. Glenridge is focused on creating reform-driven payer strategies and provider alliances and serves national and regional health plans and health systems in all fifty states.
“The acquisition of Glenridge strengthens WhiteGlove Health’s position as a key partner for payers, providers and employers as they continue to adapt to the new healthcare environment,” said Nicholas A. Balog, CEO of WhiteGlove. “Our health care service offerings to payers, providers and employers are highly synergistic with Glenridge’s capabilities. The combination of these two leading and innovative businesses will help payers, providers and employers improve patient care while containing costs. We are thrilled that Terry will continue to serve as Chief Innovation Officer and be on the WhiteGlove Health Board of Directors to help us continue to grow the combined company.”
Ms. Spoleti, said, “We are proud of the company we have built over the past 15 years and are excited by the vision of the combined business. By combining our two companies we are better situated to help our clients improve the health of populations, implement quality provider networks, and manage costs.”
Both companies will maintain their market identities and remain headquartered in Austin, Texas and Columbia, Maryland respectively.
Balog concluded by saying, “WhiteGlove Health and Glenridge are a very powerful combination of two organizations that will play a significant role as the health care system reforms and evolves to paying for services based upon the value they produce.”
About WhiteGlove Health
WhiteGlove Health is a leading mobile healthcare provider that is focused on both treating the individual and achieving improved overall health and well-being of populations. Our comprehensive healthcare strategy is to provide the highest quality care at the lowest cost through board-certified nurse practitioners. The WhiteGlove Health care model includes primary and acute care services; supporting individuals with chronic conditions and focusing on preventable and avoidable care by ensuring patients receive appropriate care after discharge from acute-care hospital facilities.
WhiteGlove Health Inc.