Brentwood, TN-based Premise Health, a worksite health and patient engagement company has acquired IMWell Health, a Fort Smith, Arkansas-based company that specializes in primary care clinics for mid-size companies and municipalities. The acquisition will help accelerate Premise Health’s strategic expansion to improve the cost and quality of employer health care. Financial details of the acquisition were not disclosed.
Spun out of the merger of CHS Health Services and Take Care Employer Solutions in 2014, Premise Health provides personalized care to more than 200 of the nation’s leading employers. With the addition of IMWell, Premise Health extends its expertise and services to clinics that serve and are located near multiple employers, including mid-size companies, school districts and municipalities.
“The addition of IMWell is a natural next step in our effort to expand our capabilities for serving the mid-sized employer and public employer markets,” said Stu Clark, chief executive officer, Premise Health. “IMWell’s multi-employer, near-site model is an excellent platform from which to leverage our patient engagement and health improvement strategies to a broader market. We are excited to have the IMWell organization join the Premise Health family.”
Founded in 2004, IMWell has grown to operate 17 onsite and multi-site clinics that serve more than 65,000 employees and their family members. The clinics provide acute care, chronic disease evaluation and care management to small and mid-size corporate employers, municipalities and school districts primarily located in the Southwest region of the United States.
“This is an ideal partnership for both of our organizations,” said Dan Parker, CEO, IMWell. “Our companies share similar values and are both dedicated to improving the health and wellness of employees and their family members. We are looking forward to gaining access to Premise Health’s extensive clinical, operational and technology resources, as well as sharing our expertise in operating multi-employer clinics.” Clark added that strategic acquisitions, such as that of IMWell, will continue to be a key component of Premise Health’s growth plan.