The acquisition solidiﬁes LetsGetChecked as the leading healthcare solutions provider for health plans, employers, the public sector, and consumers, enabling a new paradigm of at-home healthcare for all.
NEW YORK (May 3, 2022) – Today, LetsGetChecked, a leading global healthcare solutions company, announced it has finalized the acquisition of BioIQ, an analytics-driven population health and diagnostics company. With this closing, LetsGetChecked will expand its ability to provide health plans, employers, consumers, and public health partners with some of the most comprehensive and personalized at-home healthcare services.
“The future of healthcare is in providing high-quality at-home diagnostics and care that comprehensively serve an individual’s health needs throughout their whole life,” said Peter Foley, Founder and CEO of LetsGetChecked. “With this acquisition, LetsGetChecked gains a trusted partner with an extensive knowledge base and a breadth of experience in serving health plans and employer markets to deliver healthcare solutions at scale.”
As a result of this acquisition, BioIQ’s consumers, health plan, government, and employer customers will have access to an even wider-reaching, best-in-class virtual care experience. LetsGetChecked’s end-to-end model including manufacturing, logistics, lab analysis in its CAP-Accredited, CLIA Certified laboratory in Monrovia, California, affiliated physician support, and prescription fulfillment will benefit all of BioIQ’s customers.
This news closely follows the company’s announcement to acquire Veritas Genetics and Veritas Intercontinental, pioneers in genomics that share a scalable platform enabling the rapid interpretation of genetic information from a single gene to the whole genome. These acquisitions signify a crucial advancement in LetsGetChecked’s mission to empower individuals to take control of their health and enable consumers and healthcare partners to be more proactive in healthcare management.
As previously announced, BioIQ will operate as a wholly-owned subsidiary of LetsGetChecked.
LetsGetChecked is a global healthcare solutions company that provides the tools to manage health from home through direct access to diagnostic testing, virtual care, and medication delivery for a wide range of health and wellness conditions. LetsGetChecked’s end-to-end model includes manufacturing, logistics, lab analysis, physician support, and prescription fulfillment. Founded in 2015, the company empowers people with accessible health information and care to live longer, happier lives.
LetsGetChecked is available nationwide in the United States, the United Kingdom, and most EU countries. It is co-headquartered in Dublin and New York.
BioIQ is modernizing the diagnostic testing industry through a national network of labs and customized solutions that support payors, employers, and consumers. By aggregating testing solutions, optimizing lab capacity, and integrating testing with customers’ needs and strategies, BioIQ ensures resilience and reliability so that employers and payors can protect workforces and members. With its first-of-its-kind health connectivity platform, BioIQ is uniquely positioned at the convergence of population health and the consumerization and retailization of healthcare to drive the shift to value-based care for payers and employers. Since 2005, BioIQ has launched thousands of successful health testing programs serving millions of participants. For more information, visit www.bioiq.com.
SVB Leerink is acting as financial advisor and Goodwin Proctor LLP and Mason Hayes & Curran are acting as legal counsel to LetsGetChecked. Credit Suisse is acting as financial advisor and Cooley LLP is acting as legal counsel to BioIQ.
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