Evernorth (Cigna) Acquires MDLIVE

February 26, 2021

Evernorth, Cigna's health services portfolio, has entered into a definitive agreement to acquire MDLIVE, a leading 24/7 virtual care delivery platform. The acquisition is intended to expand Evernorth's virtual care capabilities and reach—MDLIVE serves over 60 million members and provides medical and behavioral telehealth services—and is expected to close in Q2 2021 subject to regulatory approvals.

Buyers
Evernorth, Cigna Corporation
Targets
MDLIVE
Location
Florida, United States
Transaction Type
Buyout

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