Premier plans to acquire TheraDoc for $117 million in cash, subject to price adjustments related to TheraDoc’s working capital, cash and indebtedness at the time of closing, according to a news release. The transaction is expected to close in the first quarter of fiscal year 2015.
TheraDoc’s Salt Lake City offices and 120 employees will be integrated into Premier’s performance services unit, according to the report.
More articles on acquisitions:
Tecomet buys Symmetry Medical for $450M
MD Buyline, TractManager partner to expand offerings
6 recent hospital transactions and partnerships
