PeaceHealth to acquire ZOOM+Care® to expand on-demand primary and specialty care across the Pacific Northwest
VANCOUVER, Wash., Dec. 18, 2018
VANCOUVER, Wash., Dec. 18, 2018 /PRNewswire/ -- PeaceHealth and ZOOM+Care® ("Zoom") today announced that they have signed a definitive agreement for PeaceHealth to acquire ZOOM+Care. PeaceHealth and Zoom® will provide access to a continuum of care that offers consumers more choice and convenience in how they receive healthcare services, ranging from mobile app-driven services and neighborhood clinics to sophisticated specialty and hospital services.
PeaceHealth is a leading health system serving communities throughout the Pacific Northwest and Zoom provides an innovative, on-demand neighborhood health platform and is based in Portland, Oregon.
"The addition of Zoom to PeaceHealth's networks accelerates our vision of ensuring greater healthcare accessibility and affordability in our communities while increasing our ability to meet the on-demand needs of today's consumer," said Liz Dunne, PeaceHealth President and Chief Executive Officer. "What is so exciting about this relationship is the complementary nature of our organizations and our shared passion for being the stewards of our communities' health and well-being."
Founded in 2006, ZOOM+Care has led the on-demand healthcare movement, building one of the country's leading platforms for the innovative delivery of retail and digital healthcare. In just over 10 years, Zoom has grown to serve hundreds of thousands of people annually in 37 neighborhood clinics in Oregon and Washington, providing a full range of healthcare services, as well as innovative telemedicine services.
"Over the past decade, we imagined a future with our customer (we call her Sarah) at the center, managing her care using our mobile app and having easy access to neighborhood locations for her care," said Dave Sanders, MD, Zoom's Co-Founder and CEO. "We found in PeaceHealth a shared vision and recognition that healthcare is continually evolving with increasing preferences for on-demand care. PeaceHealth and ZOOM+Care both aim to create a magnetic consumer experience, provide superb clinical results and help make healthcare more accessible and affordable.
"I'm also delighted for our hundreds of thousands of loyal patients who've come to rely on Zoom, because they can be confident that Zoom and its dedicated healthcare professionals and associates will continue to be there for them," added Sanders.
Under the terms of the agreement, ZOOM+Care will operate under its own brand name with separate leadership and board of directors and will further its focus on innovation, consumer experience and expanding access. PeaceHealth's acquisition of ZOOM+Care is expected to close Dec. 31, 2018.
For more information, read some anticipated questions and answers about the agreement.
About PeaceHealth: PeaceHealth, based in Vancouver, Wash., is a nonprofit Catholic health system offering care to communities in Washington, Oregon and Alaska. PeaceHealth has approximately 16,000 caregivers, a multi-specialty medical group practice with more than 1,200 physicians and providers, and 10 medical centers serving both urban and rural communities throughout the Northwest. In 1890, the Sisters of St. Joseph of Peace founded what has become PeaceHealth. The Sisters shared expertise and transferred wisdom from one medical center to another, always finding the best way to serve the unmet need for healthcare in their communities. PeaceHealth is the legacy of the founding Sisters and continues with a spirit of respect, stewardship, collaboration and social justice in fulfilling its Mission. Visit us online at peacehealth.org.
About ZOOM+Care: ZOOM+Care® is creating a better way to get and give healthcare. The Portland-based innovator is the leading provider of on-demand retail and digital healthcare. Zoom® cares for hundreds of thousands of people per year at 37 neighborhood clinics in Portland, Vancouver, Seattle and Salem. Zoom provides complete care including urgent care, primary care, specialty care, mental health, telemedicine and more. ZOOM+Care was founded in 2006 by Portland, Oregon, physicians David Sanders, MD, and Albert DiPiero, MD, MPH. ZOOM+Care was built on the promise of Twice 1/2 Ten® - twice the health, half the cost, ten times the delight. ZOOM+Care is credited with many healthcare firsts that have accelerated improvements in the delivery of care and has been selected as one of Oregon's "Most Admired Companies" for five consecutive years. ZOOM+Care and Zoom are registered trademarks of ZOOM+Care. Visit us online at zoomcare.com.
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