Spring Health Acquires Alma to Expand Access to Precision Mental Healthcare
A major merger is set to reshape the mental healthcare landscape. Spring Health, a global platform for employers, has agreed to acquire Alma, a platform for independent therapists. This union aims to create the first “lifelong” mental health platform to address persistent care gaps.
The deal unites two category leaders with complementary strengths. Spring Health offers best-in-class technology and specialty care, while Alma provides robust provider infrastructure and insurance relationships. Together, they aim to ensure people get the right, continuous care despite changes in employment or coverage.
Addressing Scale and Access in Mental Health
Both companies already serve massive populations. Spring Health supports over 50 million lives through employer benefits. Alma’s clinicians can care for more than 120 million lives through national payer contracts.
The combined platform will leverage Spring Health’s advanced, AI-enabled technology. The goal is to personalize care for individuals and reduce administrative work for clinicians. This focus aims to improve quality, experience, and outcomes at an unprecedented scale.
Leadership and Future Vision
The acquisition is structured to preserve each company’s operational focus. April Koh will remain CEO of Spring Health. Harry Ritter will continue as CEO of Alma, leading it within the larger Spring Health organization.
“By bringing our companies together, we can deliver care that is accessible, effective, and connected at unprecedented scale,” said Koh. Ritter added that joining Spring Health accelerates their mission to support clinicians with leading technology.
The transaction is expected to close in the second quarter of 2026. It represents a significant step to meet the overwhelming demand for mental health services, which continues to outpace available supply.
