Redesign Health merges with ARC Global in $2B deal to help hospitals build startups
What happened
- Redesign Health and ARC Global announced a merger to help health systems develop, deploy and commercialize healthcare technology.
- The combined organization will also acquire AVIA, subject to final approvals.
- Dr. Stephen Klasko will serve as chairman, while ARC founder Prof. Eyal Zimlichman will become vice chairman.
Why it matters
The transaction combines healthcare venture building, AI and clinician-led innovation with a large health-system network, potentially changing how hospitals commercialize internal ideas and deploy technology. It is relevant to healthcare M&A, venture investors and strategic technology providers.
What to watch. Final approvals for the acquisition of AVIA, followed by announcements of the combined business’s founding health systems.
Deal terms
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Timeline
- First reported by PR NewswireOct 22Redesign Health and ARC Global Merge to Help Health Systems Shape the Future of Healthcare From Within
- Endpoints News reportsOct 22Redesign Health merges with ARC Global in $2B deal to help hospitals build startups
Who is involved
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