✉news BusinessStartups first seen 3 d ago, last 3 d ago, peak #14
Zocdoc buys insurance startup Sohar Health in first-ever acquisition
Original: Zocdoc makes first-ever acquisition, buying insurance startup Sohar Health
Medical appointment booking company Zocdoc has made its first-ever acquisition, buying insurance startup Sohar Health. The deal marks a strategic shift for Zocdoc, which has historically grown organically since its founding. Sohar Health specializes in insurance eligibility verification, and the purchase suggests Zocdoc aims to streamline the insurance side of booking and paying for care. Details on the price and timing of the transaction have not been disclosed.
Why now: News of Zocdoc's first-ever acquisition signals a new growth strategy and possible consolidation in health tech.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2239919