Company file
Who owns AbleTo?
A virtual behavioral care provider (structured therapy and coaching programs) with more than 1,500 coaches and licensed therapists, sold to health plans; the company says it reaches over 122 million people through 41 plans.
- Ownership
- Wholly owned by UnitedHealth Group's Optum. Optum Ventures made a strategic investment in January 2019; CNBC reported UnitedHealth's outright acquisition at about $470 million in April 2020.
- Insurer ties
- Owned by the largest US insurer's health-services arm. UnitedHealthcare steers its own members into the company: effective January 2023, more than 5 million commercial members received AbleTo virtual behavioral coaching 'at no added cost,' administered by Optum.
Timeline
- January 2019Optum Ventures makes a strategic investment in AbleTo. verified source
- April 2020CNBC reports UnitedHealth Group is acquiring AbleTo for about $470 million. verified source
- January 2023UnitedHealthcare gives more than 5 million commercial members AbleTo virtual behavioral coaching at no added cost, administered by Optum — the payer routing members into its wholly owned provider. verified source
Items marked verified cite primary or press sources. Items marked community-reported summarize public clinician accounts and are presented as reports, with links; they are claims, and corrections are welcome through the submission form.