The terms of the transactions have not yet been disclosed.
In a statement to the Milwaukee Journal-Sentinel, DirectPath Executive Chairman Michael Byers commented on the importance of Patient Care’s mission and the company’s impact on individuals looking to understand the industry.
“Once a health plan has been selected, employees still need guidance on making the most cost-efficient care decisions,” said Mr. Byers. “For more than 15 years, Patient Care has performed this invaluable service, helping employees become informed healthcare consumers.”
More articles on transactions and valuations:
Little Company of Mary Hospital explores affiliation opportunities
Penn State College of Medicine, Summit Health forge academic partnership
UMass Memorial Medical Center to join Dana-Farber Cancer Care Collaborative
