Ropes & Gray advised Change Healthcare in its acquisition of PDX, a leader in providing patient-centric and innovative technologies for pharmacies and health system. The transaction was announced on June 1. Terms of the transaction were not disclosed. The press release is here.
Change Healthcare is a leading independent healthcare technology company that provides data and analytics-driven solutions to improve clinical, financial and patient engagement outcomes in the U.S. healthcare system. Its recent acquisition of eRx Network demonstrates Change Healthcare’s continued investment to fuel innovation and long-term growth. The combination of Change Healthcare, eRx Network, and PDX will result in faster, more integrated development and cross selling opportunities for Change Healthcare’s combined portfolio of pharmacy network, software, and analytics solutions.
The Ropes & Gray team that represented Change Healthcare was led by private equity partner Eric Issadore (San Francisco), and included employment, executive compensation & benefits partner Jennifer Rikoski and Megan Bisk (both of Boston), health care partners Deborah Gersh and Jennifer Romig (both of Chicago), tax partner Benjamin Rogers (San Francisco), and mergers & acquisitions partner Edward Black (Boston).
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