The Wall Street Journal reports that Spring Health will acquire Alma, combining an employer-and-health-plan mental-health platform with a provider-enablement network used by tens of thousands of clinicians. Terms weren’t disclosed; the deal is expected to close in Q2 2026, pending approvals. Executives project a step-change in scale and distribution: Spring’s AI-assisted navigation and care delivery paired with Alma’s 26,000-provider network and extensive health-plan partnerships (covering ~120M lives) aims to streamline access, contracting, and continuity of care. Post-close, Alma will operate as a business unit led by CEO Harry Ritter; Spring CEO April Koh will lead the combined company. The companies forecast ~10 million mental-health visits in 2026 and position the merger as part of a broader consolidation wave in digital health as startups seek scale, payer reach, and better unit economics.
Read More: https://www.wsj.com/articles/spring-health-to-buy-alma-in-merger-of-mental-health-startups-3ce2e8b8