RADNOR, PA — Valenz® Health recently signed a definitive agreement to acquire Healthcare Bluebook™, a leading platform for healthcare cost and quality navigation. This merger aims to combine both companies’ offerings into an integrated platform designed to simplify healthcare for members while ensuring cost-effectiveness.
Healthcare Bluebook is known for its objective price and quality data, helping consumers and employers save money on medical and pharmacy care. The company provides comprehensive insights across various healthcare options, driving measurable returns on investment for responsible employers and their employees.
Rob Gelb, CEO of Valenz Health, emphasized the benefits of the merger. “Together, we will be able to offer a single source of data and solutions on an integrated platform that will make it easier for the industry to execute on a healthcare experience that delivers higher-quality, cost-effective, and more efficacious care for members.”
Valenz Health offers expansive data sets, care management capabilities, payment integrity solutions, and plan performance support. The combination with Healthcare Bluebook aims to empower members, drive better health outcomes, and simplify the entire healthcare process.
Mike O’Neil, CEO of Healthcare Bluebook, highlighted the shared values between the two companies. “Because Healthcare Bluebook and Valenz Health share an uncompromised commitment to transparency, member advocacy, and cost savings, we will be able to execute at a much deeper level to directly benefit self-insured plans and their members.”
Clients of Healthcare Bluebook can expect the same level of partnership and personal attention, now enhanced by Valenz Health’s integrated platform.
Financial advisors for the transaction included Stifel and Raymond James for Valenz Health and William Blair for Healthcare Bluebook. Legal counsel was provided by Debevoise & Plimpton LLP for Valenz Health and Goodwin Procter LLP for Healthcare Bluebook.
The transaction is expected to close in late August, pending regulatory approvals. This acquisition marks a strategic move to create a more efficient, transparent, and cost-effective healthcare experience for all stakeholders.
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