Cigna, a global health service provider offering insurance and Mediclaims to individuals of more than 30 countries buys telehealth service MDLive. Cigna’s Evernorth is a new brand for the growing market, which brings together and coordinates supreme health service offerings to furnish innovative and flexible solutions for health plans and other government programs. On Feb, 26,2021, they announced the deal of buying MDLive, a fast-growing telehealth provider whose services have rocketed sky high during the pandemic situations.
- The executives of Cigna and Evernorth said in the Friday deal meeting that, “ the addition of MDLive will provide a highly complementary platform that will rapidly expand Evernorth’s capabilities to deliver a more affordable, convenient and connected patient care experience”
- From the time when the pandemic of Covid19 has surged the environment with its glaring eyes, the only option of health benefits and consultation of doctors for millions of Americans was to opt for telehealth services. The different telehealth providers generated a huge profit during these times, which made them want to continue the virtual health care programs online for a longer period.
- Tim Wentworth, the chief executive of Evernorth said, “ customers expect more convenient care interactions, and covid19 has rapidly accelerated this need. we see an immediate opportunity to build a new model of care delivery, one that delivers a connected experience with greater affordability, predictability, and simplicity”
- Joining hands with MDLive was a full-fledged strategy of Cigna and Evernorth since their accelerated relationships will fuel the future growth of telehealth providers and their services across the nation on a wider scale.