SAIGroup Enhances Healthcare AI Platform through Get Well Acquisition

10 July 2024

SAIGroup, an enterprise AI investment firm, has acquired Get Well, a prominent digital patient engagement company that facilitates over 10 million patient interactions annually across more than 1,000 healthcare organizations.

This acquisition integrates Get Well into SAIGroup's expanding portfolio of AI healthcare companies, which includes ConcertAI and RhythmX AI.

Under SAIGroup's ownership, Get Well will utilize SAIGroup's advanced predictive and generative Eureka AI platform to enhance patient engagement both within and outside healthcare facilities.

The integration with RhythmX AI and extensive healthcare data—covering 300 million patients, 4.4 billion annual claims, and 1.8 million healthcare professionals—aims to improve clinician efficiency and deliver precise care recommendations.

SAIGroup's commitment to advancing AI-driven healthcare solutions, highlighting the transformative potential of AI in enhancing patient experiences and clinical outcomes.

Get Well's track record includes significant improvements in client revenue, reduced readmission rates, and enhanced brand loyalty metrics across major healthcare systems such as Adventist Health, Lifebridge Health, and Kaiser Permanente.

The acquisition is expected to accelerate innovation at Get Well, pushing the boundaries of digital patient engagement through generative AI.

Oxford Finance provided debt financing for the transaction, with legal counsel provided by McDermott Will & Emery for SAIGroup and by DLA Piper for Get Well. Cain Brothers acted as financial advisor for Get Well in the transaction.