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Progyny, Inc. Enhances Suite of Services with Acquisition of BenefitBump
PGNYProgyny(PGNY) GlobeNewswire·2025-01-28 13:44

Core Insights - Progyny, Inc. has acquired BenefitBump to enhance its parental leave benefits navigation program, aiming to provide comprehensive support for families from pregnancy to early childhood [1][3] - The acquisition is part of Progyny's strategy to address the needs of parents, with 90% of parents seeking more support to manage work and home responsibilities [2][4] Company Overview - Progyny is a transformative solution in fertility, family building, and women's health benefits, trusted by leading employers and health plans [5][6] - The company offers concierge support, coaching, education, and access to a network of specialists, driving optimal clinical outcomes and reducing healthcare costs [6][7] Enhanced Service Offerings - The integration of BenefitBump will provide high-touch, guided support, easing the complexities of navigating employee benefits and leave programs for new parents [3][4] - The enhanced suite of services will include clinical social worker-led parental wellness programs, comprehensive parental leave navigation, and clinician-facilitated peer support groups [8]