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Crossover Health Acquires Sherpaa Health Virtual Primary Care Platform.

M2 EQUITYBITES-February 27, 2019-Crossover Health Acquires Sherpaa Health Virtual Primary Care Platform

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27 February 2019 - US-based Crossover Health, a provider of health services for self-insured employers, has acquired the exclusive rights to the technology platform developed by virtual primary care specialist Sherpaa Health, the company said.

Founded in 2012 by Jay Parkinson, MD, MPH, Sherpaa has developed a wide employer and retail member base across the United States and is the provider of asynchronous communication between patients and providers.

The announcement is part of Crossover Health's efforts to accelerate the creation of a seamless "in person, online and anytime" system of health for its national base of self-insured employers and their employee members.

Sherpaa, which is complementary to Crossover Health's mission of patient engagement, was designed to enable ongoing relationships with members, particularly those without access to physical health centers.

In addition to virtual care, the Sherpaa platform also includes Care Navigation and Care Management capabilities, including the development of a curated network of specialists in remote geographies and structured care plans that can be prescribed to members.

Crossover Health's interdisciplinary care teams provide primary care for defined populations of members and will now be able to expand their reach dramatically with this new offering.

Services will be offered through a multi-channel delivery solution that includes onsite, nearsite and virtual care options integrated with other employer benefits, digital health programs, and related health services.

Bringing together Crossover, a specialist in physical onsite and nearsite health centres, with a specialist in digital primary care creates a compelling end-to-end healthcare offering for employers, the company said.

The evolving Crossover Health care model will now be able to provide care in strategic locations, asynchronously connect with members wherever they are, and proactively reach out to those who may need assistance.

This new category of primary care creates a coordinated, connected system of health for employees in all their disparate locations.

Crossover provides an end-to-end care delivery model for health activist employers, integrating disconnected health and wellness benefits with tech-enabled, outcomes-based primary care services through onsite, nearsite, and virtual care delivery channels.

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Publication:M2 EquityBites (EQB)
Date:Feb 27, 2019
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