ginger, headspace merger

Earlier this year, Ginger reached a $1B valuation following $100M in funding from Blackstone Group (amassing a total of $220M to date). Ginger and Headspace plan merger to rapidly scale up digital mental health services. Ginger and Headspace merge to create a mental health giant Meditation app Headspace and video-based therapy services provider Ginger said on Wednesday they would merge to create a large and affordable digital mental health and wellbeing platform. Ginger, a leading provider of on-demand mental healthcare, and Headspace, a leader in mindfulness and meditation, have entered into a definitive agreement to merge. August 25, 2021. Ginger and Headspace, two leading digital health companies focused on mental health, have agreed to merge to create a $3 billion combined company known as Headspace Health. The teletherapy and meditation companies have signed a definitive agreement to join forces as Headspace Health to expand their list of services. Six details: 1. Headspace reported earlier this year that the number of new subscribers has doubled compared to a year ago, mainly due to the coronavirus pandemic. A merger between two digital mental health companies - Headspace and Ginger - will create a $3 billion giant in a category that has been growing at breakneck speed as a result of the COVID-19 . Headspace and Ginger have merged to become Headspace Health.This new entity will bring together the best of both offerings to deliver the world's most accessible and comprehensive digital mental health and wellbeing platform. The terms of the transaction were not disclosed. Merger of Headspace and Ginger to create Headspace Health, including revenue synergies across B2B and D2C channels Potential integration challenges and ability to eliminate duplicate costs Merged entity's updated competitive positioning across digital behavioural health landscape Outlook, further consolidation in the telehealth market and . Will this partnership change my current Headspace pricing? The merger is . Under the deal, which Headspace . Ginger and Headspace entered into a definitive agreement to merge to create Headspace Health in a deal that values the combined company at a value of $3 billion. SANTA MONICA and SAN FRANCISCO-- (BUSINESS WIRE)-- Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge. Meditation app Headspace and video-based therapy services provider Ginger said on Wednesday they would merge in a deal valuing the combined company at $3 billion, as the COVID-19 pandemic spurs . Ginger and Headspace entered into a definitive agreement to merge to create Headspace Health in a deal that values the combined company at $3 billion. The combined company now has the world's largest mental health data set, which will be leveraged to deliver highly . Combining mindfulness and mental healthcare, Headspace Health . "Through this merger, we can uniquely tackle the full spectrum of mental health needs — from prevention to clinical care." Headspace has approximately 70 million users worldwide and provides mindfulness and mental training services to more than 2,200 companies, including Starbucks (NASDAQ :) and Adobe (NASDAQ :). Will . In March, Ginger scored $100 million in Series E funding. On August 25, 2021, Ginger, a leading provider of on-demand mental healthcare, and Headspace, a leader in mindfulness and meditation, announced that they have entered into a definitive agreement to merge. Can I get a discount for Ginger? Ginger: A San Francisco-based app that offers video therapy with licensed practitioners, plus behavioral health coaches you can text. Mental health and meditation app Headspace closed its merger with on-demand digital mental health service Ginger, the companies announced Oct. 14. Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, have announced that they have entered into a definitive agreement to merge. . On August 25, 2021, Ginger, a leading provider of on-demand mental healthcare, and Headspace, a leader in mindfulness and meditation, announced that they have entered into a definitive agreement to merge. Headspace will bring its meditation and mindfulness offerings to the table while Ginger will contribute its teletherapy services. Barring unforeseen regulatory roadblocks, the two companies will combine to form Headspace Health. The combined entity will be known as Headspace Health, with CeCe as its President and Russell as its CEO, and . The thinking behind the merger-of-equals between on-demand mental health company, Ginger, and mindfulness and meditation company, Headspace, is revealed in t. Headspace and Ginger, two app-based digital mental health firms that work with employers and health plans, will merge into a combined company called Headspace Health, they announced Wednesday. Digital mental health titans Ginger and Headspace have officially closed their merger in a deal that reportedly values the combined company at $3 billion.. Now operating as Headspace Health, the newly formed entity brings together Headspace's direct-to-consumer mindfulness and meditation app with Ginger's on-demand digital mental health coaching and video therapy platform. Ginger and Headspace entered right into a definitive . Ginger and Headspace Will Merge to Meet Escalating Global Demand for Mental Health Support Headspace Health will offer the world's most accessible, comprehensive digital mental health platform. Barring unforeseen regulatory . Their combined reach will cover around 100 million users across 190 countries.. For context, Headspace is a pioneer in the mental health apps space, offering meditation and mindfulness offerings. "Through this merger, we can uniquely tackle the full spectrum of mental health needs - from prevention to clinical care - all from one integrated . Why are Ginger and Headspace merging? Meditation app Headspace this morning announced plans to merge with on-demand mental health service Ginger. They speak with Emily Chang on "Bloomberg . The two companies entered into a definitive merger agreement Aug. 25 to become a combined digital mental health and well-being platform called Headspace Health. With the COVID-19 pandemic taking a toll on people's mental health, digital health firms have seen a surge . Meditation app Headspace and video-based therapy services provider Ginger said on Wednesday they would merge in a deal valuing the combined company at $3 billion, as the COVID-19 pandemic spurs the use of virtual mental health care platforms. Headspace and Ginger have completed their $3 billion combination to create Headspace Health, a new frontrunner in the The post Headspace and Ginger finalise $3bn digital mental health merger appeared first on . August 25, 2021. Headspace, Ginger.io Plan Merger. The combined company . Ginger.io Inc.'s merger with meditation app Headspace Inc. could lead the way for more combinations in the digital mental health space, analysts have told S&P Global Market Intelligence. The combined entity, Headspace Health, will provide the world's most accessible and comprehensive platform for digital mental health and wellbeing. Together, they will offer a global mental health and wellbeing platform as the combined entity called Headspace Health. "Through this merger, we can uniquely tackle the full spectrum of mental health needs - from prevention to clinical care - all from one integrated platform." THE LARGER TREND. And if the massive Headspace-Ginger merger is any indication, that trend isn't going away anytime soon, according to Kevin Taggart, managing partner of the healthcare mergers & acquisitions firm Mertz Taggart. Less than two months after the deal was announced, Headspace and Ginger have closed their merger, creating a $3 billion mental health company. CeCe Morken will remain CEO of Headspace and take on the additional role of President for . Both Headspace and Ginger have caught investor attention in recent years. With the COVID-19 pandemic taking a toll on people's mental health, digital health firms have seen a surge in . Exclusive: Headspace and Ginger plan merger to form a mental-health powerhouse The teletherapy and meditation companies have signed a definitive agreement to join forces as Headspace Health to . The combined entity, Headspace Health, will offer the world's most accessible and comprehensive digital mental health and wellbeing platform. "Headspace and Ginger have a shared recognition that the mental health crisis can't be solved by simply hiring more therapists or moving care online," said Russell Glass, CEO of Ginger. With the . Over 25m people have access to Ginger through health plans. Ginger And Headspace Merge To Tackle Growing Mental Health Crisis In The U.S. Digital health powerhouses, Ginger and Headspace, have officially merged together to form a singular preventative . Headspace and Ginger finalise $3bn digital mental health merger. The merger comes at a time of escalating global demand for mental health support during the ongoing pandemic. "Headspace and Ginger have a shared recognition that the mental health crisis can't be solved by simply hiring more therapists or moving care online," said Russell Glass, CEO of Ginger. Headspace Health now boasts more than 2,700 enterprise and health plan customers with combined bookings by end of 2021 of nearly $300 million, the companies said. Over time, Headspace will power more capabilities and Ginger will continue to operate low-cost high-quality services to employers and members so the merger enables us to offer a spectrum of health services. "This is a big deal," Taggart told BHB. By Nat Rubio-Licht Monday, August 30, 2021. The new company, called Headspace Health . Meditation app Headspace and video-based therapy services provider Ginger said on Wednesday they would merge to create a large and affordable digital mental health and wellbeing platform. Do I get Ginger for free as a Headspace member? The merger comes during a time of unprecedented global need for mental health services as the COVID-19 pandemic exacerbated existing behavioral health challenges. "And although it is a unique transaction, it illustrates private equity's near . (Reuters) - Latham & Watkins is guiding meditation and sleep app Headspace's $3 billion merger with virtual therapy services company Ginger. A merger between two digital mental health companies - Headspace and Ginger - will create a $3 billion giant in a category that has been growing at breakneck speed as a result of the COVID-19 pandemic. Headspace and Ginger, two app-based mental health firms that work with employers and health plans, have completed their merger into a $3 billion company dubbed Headspace Health. Marking the primary psychological well being mega-merger, teletherapy startup Ginger plans to merge with meditation app Headspace in a deal that can develop their mixed attain to 100 million customers. RELATED: Headspace, Ginger finalize merger to form $3B mental health company. Ginger's current CEO, Russell Glass, will serve as Headspace Health's CEO after the merger closes, while Headspace CEO CeCe Morken will maintain her role as CEO of the Headspace division, and will . Digital health firms Ginger, Headspace to merge. "Through this merger, we can uniquely tackle the full spectrum of mental health needs - from prevention to clinical care - all from one integrated . Aug 25 (Reuters) - Meditation app Headspace and video-based therapy services provider Ginger said on Wednesday they would merge to create a large and affordable digital mental health and wellbeing . Meditation app Headspace and video-based therapy services provider Ginger said on Tuesday they would merge to create a large and affordable digital mental health and wellbeing platform. Behavioral Health Business. Russell Glass, Headspace Health CEO, and CeCe Morken, Headspace Health President, discuss the merger with Ginger based on the importance of mental health. Headspace and Ginger have closed their merger, creating a $3 billion mental health company with a combined reach of 100 million consumers. In August, Ginger announced plans to merge with Headspace in a $3 billion deal. Meditation app Headspace and video-based mental health therapy services provider Ginger agreed to merge in a deal valuing the combined company at $3 billion.. In this episode, we sat down with Karan Singh, Co-Founder & COO of Ginger, now Headspace Health, through a merger with Headspace that was announced in August, 2021. Ginger and Headspace Merge. Will I be able to access Headspace content inside of Ginger, or vice versa? Morken. Wilson Sonsini Goodrich & Rosati is advising Ginger in the deal. The combined entity, Headspace Health, will offer the world's most accessible and comprehensive . The terms of the merger are not disclosed by both companies. Headspace, which focuses on mindfulness and meditation, and Ginger, which offers on-demand mental healthcare, have agreed to merge. The news: Telemental health unicorns Headspace and Ginger are merging into a combined entity: Headspace Health. According to the joint statement, Ginger CEO Russell Glass will lead the new company after the merger, while current Headspace CEO CeCe Morken will become president. The thinking behind the merger-of-equals between on-demand mental health company, Ginger, and mindfulness and meditation company, Headspace, is revealed in this in-depth chat with Headspace CEO CeCe Morken and Ginger CEO Russell Glass. I'm subscribed to Headspace. August 25, 2021 06:00 AM Eastern Standard Time. Meditation app Headspace this morning announced plans to merge with on-demand mental health service Ginger. Ginger CEO: 'It felt like the right time' for Headspace merger. They speak with Emily Chang on "Bloomberg . Headspace Health is a planned merger between: Headspace: A Santa Monica-based meditation app with 70m users, and 2.1k companies using its B2B option. It's members and enterprise partners' employees have access to mindfulness and meditation tools, CBT, coaching, therapy, and . The deal brings together Headspace's meditation and mindfulness app - used by millions of people around the world - and Ginger's . The Ginger chief executive officer, Russell Glass, will lead the company after the merger, and the current CEO of Headspace, CeCe Morken, will become president, according to the statement. The combined entity, Headspace Health, will offer the world's most accessible and comprehensive digital mental health and wellbeing platform. Ginger Dives into Medicaid with New AmeriHealth Caritas Partnership. Upon close of the merger, Russell Glass, CEO of Ginger, will take on the role of CEO of Headspace Health. After the deal was announced in August, Glass talked about the growing demand for mental health services as a driver for the companies merging. In August, Ginger announced plans to merge with Headspace in a $3 billion deal.In a busy year for digital health mergers, it was unique in that it was a merger of equals between two mental health . According to TechCrunch, the new company will be worth some $3 billion and . Santa Monica-based mental wellness company Headspace Inc. will merge with San Francisco-based Ginger.io . Teletherapy platform Ginger is planning to merge with meditation app Headspace to create Headspace Health in a deal that values the combined company at $3 billion. Meditation app Headspace and video-based therapy services provider Ginger said on Tuesday they would merge to create a large and affordable digital mental health and wellbeing platform. Virtual Care Companies Still Have Questions The companies announced the deal to create a combined . Founded in 2010, Headspace offers sessions, videos, and articles on meditation and mindfulness, which can be accessed on a mobile phone and has about 70 million users globally. "Through this merger, we can uniquely tackle the full spectrum of mental health needs - from prevention to clinical care - all from one integrated platform." 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