Cigna’s Evernorth subsidiary purchasing MDLive in bid to expand telehealth services

Telehealth has come of age during the COVID-19 pandemic, and major insurer Cigna is betting on it continuing, with its healthcare services subsidiary Evernorth poised to purchase telehealth provider MDLive.

Financial terms were not disclosed, but the deal is expected to close in the second quarter of this year. When it does, it will bring telehealth capabilities in-house, whereas typically insurers pay for virtual care services through contracts.

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