Progyny Enhances Services with BenefitBump Acquisition

Progyny, Inc., a provider of comprehensive fertility, family building, and women's health benefits solutions, has announced the acquisition of BenefitBump, a company offering a parental leave benefits navigation program. This strategic move aims to enhance Progyny's array of services, addressing the needs of families from pregnancy to early childhood. The acquisition allows Progyny to cover a spectrum of services, including clinical social worker-led programs, comprehensive parental leave navigation, and clinician-facilitated peer support groups, enhancing recruitment, retention, and return-to-work rates. Progyny's CEO, Pete Anevski, emphasized the importance of eliminating the fragmentation in family-building support and increasing outcomes for families. BenefitBump, founded by Scott Liebman, joins Progyny to provide holistic family support, ensuring the value of family support investments. Progyny, listed on Nasdaq, is esteemed for its transformational role in the sector, serving top-tier employers and health plans.