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New Deal


Announced

Completed

Green Shield completed the acquisition of NKS Health and The Health Depot.

Synopsis

Green Shield, a not-for-profit health and dental benefits provider, completed the acquisition of NKS Health, a pharmaceutical services company that focuses on infused, injectable and biologic medications, and The Health Depot, an innovative online pharmacy. Financial terms were not disclosed. "This is also a critical milestone in our repositioning as an integrated health services organization and Canada's only payer-provider, with the ability to insure health benefits, pay health claims and deliver health care services while also administering all types of health benefits plans. We also look forward to more deeply embedding digital pharmacy capabilities in with our solutions for digital mental health care and telemedicine as this will allow us to both better serve our clients and advance our social mission of delivering meaningful solutions to improve health and well-being," Zahid Salman, GSC President & CEO.

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