S&C Advises Royal Philips in its Acquisition of WellCentive, Inc.July 20, 2016
S&C client Royal Philips announced and subsequently completed its acquisition of WellCentive, Inc., an Alpharetta, Georgia-based population health management company.
WellCentive, a leading provider of population health management software solutions designed to facilitate the transition of healthcare providers to value-based care, will complement Philips' existing population health portfolio with cloud-based information technology solutions to import, aggregate and analyze clinical, claims and financial data across hospital and health systems. Such services help providers deliver coordinated care that meets new healthcare quality requirements and reimbursement models.
Mr. Hurd and Ms. O'Neill advised on M&A matters; Mr. Wang advised on tax matters; Mr. Friestedt advised on executive compensation and benefits matters; and Mr. Mousavi advised on intellectual property matters.