Announced
Completed
Financials
Tags
Medical Services
Private
Single Bidder
Acquisition
Friendly
United States
remote patient monitoring
Domestic
Majority
Completed
Synopsis
ModivCare, a social services corporation, completed the acquisition of VRI Intermediate, a holding company, that through its subsidiaries, provides healthcare and pharmaceutical services, for $315m. “The acquisition of VRI brings us a national remote patient monitoring and medication management platform, accelerating our strategy to build a holistic suite of supportive care solutions designed to address the social determinants of health, deliver better care in the home, enhance patient lives and reduce healthcare costs,” Daniel Greenleaf, ModivCare President and CEO.
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