Kelso-backed Valenz Health completed the acquisition of Healthcare Bluebook from Primus Capital.

Kelso-backed Valenz Health, an integrated cost containment and payment integrity solutions platform, completed the acquisition of Healthcare Bluebook, an industry-leading healthcare cost and quality navigation platform, from Primus Capital, a private equity firm. Financial terms were not disclosed. "This is a transformative moment for the industry. We are addressing the unmet needs of the market and eliminating point solution fatigue through a single, integrated platform designed to simplify healthcare. Our acquisition of Healthcare Bluebook empowers us to create a uniquely data-informed platform that drives momentum in enabling smarter, better, faster, transparent healthcare. Together, we will ensure our customers and their members have access to high-value care with innovative network options and a full suite of prospective tools to improve the member experience, create choice for employers, and establish rewards for all," Rob Gelb, Valenz Health CEO.