Included Health acquires Firefly Health
The transaction adds a technology-enabled employer health plan serving more than 20,000 members through a network of over 2,300 providers.
Takeaways
- Firefly Health is a technology-enabled employer health plan centered on advanced primary care.
- Included Health is acquiring Firefly Health with backing from Carlyle.
- The.
Carlyle-backed Included Health agreed to acquire Firefly Health, a technology-enabled employer health plan built around advanced primary care.
Firefly serves more than 20,000 members nationally and brings a network of over 2,300 in-person, in-home and specialty care providers.
The company said its administrative-services business generated more than 15% lower total cost of care in 2025 compared with risk-adjusted benchmarks, with every employer customer reporting savings.
The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals.
Included Health plans to combine Firefly's health plan with its virtual care, navigation and care-coordination platform.
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