Spring Health, a global mental health platform for employers and health plans, announced an agreement to acquire Alma, a membership-based platform that helps independent mental health professionals accept insurance. Financial terms were not disclosed. The acquisition is expected to close in the second quarter of 2026, subject to customary closing conditions.
Alma’s platform enables clinical professionals to support care for more than 120 million lives through contracts with national payers, as well as several regional plans. April Koh will continue as Chief Executive Officer (CEO) of Spring Health. Harry Ritter will continue as CEO of Alma, leading the organization within Spring Health. Both businesses will remain focused on serving their respective customers while benefiting from shared innovation, resources, and technology.
Spring Health supports more than 50 million lives through employer-sponsored and health plan mental health benefits. The company delivers personalized mental health support, including self-guided tools, coaching, therapy, medication management, and specialty care.
With Alma, Spring Health can extend the reach of its advanced artificial intelligence (AI)-enabled capabilities, the announcement stated. Guided by core principles that prioritize safety, privacy, and the value of provider relationships, Spring Health and Alma will focus on personalizing care for individuals, reducing administrative burden for clinical professionals and creating value for employers and health plans.
This alignment marks an important next phase of growth for Spring Health, strengthening its ability to serve more people over time, accelerate product innovation, and build a durable platform in an industry where demand for mental health care continues to outpace supply. Spring Health is backed by global investors including Generation Investment Management, Kinnevik, the William K. Warren Foundation, RRE, Northzone, Tiger Global, and others.
Alma provides clinical professionals with tools to build in-network private practices. Alma’s membership-based platform enables providers to manage insurance, billing, scheduling, client referrals, and continuing education, allowing them to focus on delivering care to clients. Alma’s investors include Thoma Bravo, Insight Partners, Cigna Ventures, Tusk Venture Partners, First Round Capital, Primary Venture Partners, Sound Ventures, BoxGroup, and Rainfall Ventures.
This was reported by Spring Health on January 29, 2026 (accessed February 8, 2026). Contact information: Spring Health, 60 Madison Ave., New York, NY 10010; Email: hello@springhealth.com; Website: https://www.springhealth.com/solutions/for-health-plans
March 2026 00US26EUA0007