Evolent Health (NYSE:EVH) said this week that it closed its acquisition of value-based administration, population health and advisory services provider Valence Health – but spent a lot more than the original $145 million it put on the table. Evolent agreed in July to pay $35 million in cash and 5.84 million in EVH shares, which closed at $18.68 apiece the day […]
Valence Health
Value-based healthcare: Evolent Health to pay $145m for Valence Health
Evolent Health (NYSE:EVH) said today that it agreed to put up roughly $145 million to acquire value-based administration, population health and advisory services provider Valence Health. The deal calls for Evolent, which took itself public in a $195.5 million offering last year, to pay $35 million in cash and another 5.84 million in EVH shares, which closed […]