Austin’s WhiteGlove Health acquires Maryland company

Jun 30, 2014
Austin American Statesman

Austin-based WhiteGlove Health Inc., a mobile healthcare and health management provider, has acquired a Maryland-based health care technology company


Financial terms were not released for WhiteGlove’s purchase of Glenridge HealthCare Solutions, which provides network development and data management software and services


Glenridge HealthCare’s headquarters and employees will remain in Columbia, Md., according to WhiteGlove Health officials


“The acquisition of Glenridge strengthens WhiteGlove Health’s position as a key partner for payers, providers and employers as they continue to adapt to the new health care environment,” Nicholas Balog, CEO of WhiteGlove Health, said in a written statement


“Our health care service offerings to payers, providers and employers are highly synergistic with Glenridge’s capabilities. The combination of these two leading and innovative businesses will help payers, providers and employers improve patient care while containing costs.”


Terry Spoleti, Glenridge HealthCare’s president, will remain with the company as chief innovation officer and also serve on the WhiteGlove Health board of directors. She said she is “excited by the vision of the combined business.”


“By combining our two companies we are better situated to help our clients improve the health of populations, implement quality provider networks, and manage costs,” Spoleti said in a written statement


Founded in 2007 by software entrepreneur Bob Fabbio and Dr. Bill Rice, WhiteGlove Health initially provided routine medical care to people at home or work. The company last year shifted its focus to a more comprehensive approach of health and wellness services for an employer’s workers and dependents


In 2011, WhiteGlove Health called off plans for an initial public offering of stock because of volatile market conditions. As of 2013, WhiteGlove Health had about 110 employees



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