Spring Health Closes Alma Acquisition as TIME100 Honors Cap AI-Driven Expansion

Spring Health marked a transformative week as it closed its acquisition of Alma, cementing an AI-native mental health platform with global reach. The combined entity now covers more than 170 million lives through employers and health plans, significantly extending Spring Health’s distribution and in-network provider capacity.

By integrating Spring Health’s technology with Alma’s network of independent clinicians and payer relationships, the company aims to deliver continuity of care across job changes, insurance shifts, and varying acuity levels. This unified infrastructure is designed to address fragmented care, simplify navigation, and reduce administrative burden for clinicians while maintaining separate customer-facing brands.

Leadership continuity is preserved, with CEO April Koh and President Dr. Adam Chekroud continuing to lead Spring Health and Alma founder Dr. Harry Ritter heading Alma within the group. The organization plans continued investment in data-driven innovation to sustain validated clinical outcomes and cost savings for employers and payers.

This operational milestone follows Spring Health’s recognition on the TIME100 Most Influential Companies of 2026 and as one of TIME’s 10 Most Influential Wellness Companies. TIME highlighted the company’s shift from a traditional employer benefit model toward a durable, longitudinal mental health care platform.

Over the past year, Spring Health has advanced its AI strategy with several initiatives, including the January Alma deal announcement and the February release of VERA-MH, an open-source benchmark to assess how AI systems handle high-risk mental health conversations. The benchmark exposed safety gaps in common chatbots and provided an industry standard for crisis recognition and escalation.

In April, the company launched Guide, an AI tool that supports members throughout their mental health journeys and has reported up to 25% greater symptom improvement among those with the highest clinical need. Together, the Alma acquisition, TIME recognition, and AI product rollouts underscore a pivotal week that strengthens Spring Health’s position in scalable, precision mental health care.