Premise Health of Brentwood, Tennessee, a worksite health company, announced Monday that it has acquired IMWell Health LLC of Fort Smith.
IMWell specializes in primary care clinics for mid-size companies and municipalities.
Financial terms of the deal were not disclosed.
Premise Health was formed through the merger of CHS Health Services and Take Care Employer Solutions in 2014. The company provides personalized care to more than 200 of the nation’s leading employers, including many of the Fortune 1000, through onsite health clinics.
Premise Health said the addition of IMWell extends its services to clinics that serve and are located near multiple employers, including mid-size companies, school districts and municipalities.
“The addition of IMWell is a natural next step in our effort to expand our capabilities for serving the mid-sized employer and public employer markets,” Stu Clark, CEO of Premise Health, said in a news release. “IMWell’s multi-employer, near-site model is an excellent platform from which to leverage our patient engagement and health improvement strategies to a broader market.”
Founded in 2004, IMWell operates 17 onsite and multi-site clinics that serve more than 65,000 employees and their family members. The clinics provide acute care, chronic disease evaluation and care management to small and mid-size corporate employers, municipalities and school districts primarily located in the Southwest region of the United States.
“This is an ideal partnership for both of our organizations,” IMWell CEO Dan Parker said. “We are looking forward to gaining access to Premise Health’s extensive clinical, operational and technology resources, as well as sharing our expertise in operating multi-employer clinics.”
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