Nashville-based health care data analytics firm Embold Health has been acquired by an Ohio company.
The transaction with Quantum is set to close in the next two weeks. Terms of the deal are not being disclosed.
The combined entity will serve more than 8 million individuals nationally, according to a press release.
Quantum was founded in 1999 and focuses on care coordination.
Founded in 2017 and led by CEO Daniel Stein , Embold saw successful fundraises in its first years, including growth capital fundin g and $20 million in Series B , in addition to a contract with Walmart .
Embold has several tools that evaluate clinical performance, two of which earned the company patents in 2024 .
“This is about bringing together two companies wit