The move combines two leaders in membership-based concierge medicine.
A pair of leaders in membership-based concierge medicine have completed their merger.
According to a news release, SignatureMD has completed a merger with Cypress Membership Medicine in partnership with Blue Sea Capital in a move that will cement SignatureMD’s position as one of the nation’s largest providers of initial conversion and ongoing support services to concierge medicine doctors.
"We are proud to merge with Cypress as they share our core values to always do the right thing for our affiliated physicians and members and to provide them with the highest level of service and care," Matthew Jacobson, founder and CEO of SignatureMD, says in the release. "Combining our two companies is about getting better and stronger together to expand our community of exceptional physicians, to serve more people looking for a closer relationship with their doctor for better health and peace of mind, and to innovate in areas like remote monitoring to meet the emerging needs of our affiliated physicians and members. This merger comes at an exciting time as more and more doctors are choosing SignatureMD's flexible care model that puts them back in control without having to decide between practicing medicine on their terms and saying good-bye to thousands of their patients."
"The merger allows us to better capitalize on the substantial sector growth opportunity while maintaining a high-quality service offering to our existing affiliated physicians and members," Julie Robinson, CEO of Cypress, says in the release. "I have always had great respect for SignatureMD, and I am excited about what we can accomplish together to improve the lives of more people with the Company's combined resources and capabilities."