AUSTIN, TX—As the future of diagnostic healthcare continues to evolve and improve, a leading Austin-based digital health company has announced a recent acquisition that promises to transform lives with a user-first digital experience.
In a March 24 media release, Everlywell announced it has acquired PWNHealth and Home Access Health Corporation to form parent company Everly Health. Collectively the combined companies impact more than 20 million people in the 50 U.S. states, Puerto, and Canada each year, and deliver high-quality diagnostic care with a commitment to data privacy and clinician independence.
"The pandemic significantly accelerated the growth of consumer-friendly lab testing within the $85 billion testing market, resulting in a watershed moment for all aspects of diagnostics. People now expect affordable, high-quality, and easy diagnostic testing more than ever before," said Julia Cheek, CEO, and Founder of Everlywell and Everly Health. "From technology to testing to treatment, Everly Health will transform lives with modern, diagnostics-driven care. Our priority is creating a world-class experience that enables our partners to deliver better care with ease."
SInce 2015, Everlywell has offered Americans access to more than 35 home collection lab tests, sold online and conveniently available in major retailers including Target, CVS, and Walgreens. Headquartered in Austin, TX, Everly Health employs 500 people and includes a large and growing enterprise client base. The company’s portfolio includes over 350 clients comprising several of the largest health plans, employers, and labs operating in the U.S.
"Better care leads to better outcomes," said Sanjay Pingle, board member of Everly Health and outgoing CEO of PWNHealth. "Through our history, we've only chosen to work with partners who uphold exceptionally high standards for clinical quality and rigor because that's what the individuals in our care trust us to provide. As part of Everly Health, PWNHealth will be able to deliver even more value to our community of industry-leading partners as we offer them new ways to provide better experiences for the people they serve."