Product category:
Protection
News Release from: BUPA | Subject: Heathcare
Edited by the Insidemoneytalk Editorial
Team on 20 December 2007
BUPA acquires leading US disease
management provider
BUPA, the leading health and care company, today announced the purchase of Health Dialog, one of the largest players in the health information and disease management sector in the US.
BUPA was a founder and is currently the largest shareholder in Health Dialog It is now acquiring the remainder of the company's share capital for US$640 million / £310 million
This article was originally published on Insidemoneytalk on 9 Jan 2008 at 8.00am (UK)
Related stories
More NHS patients could benefit from home healthcare
Patients and the NHS could benefit from treating even more people in their own homes, says Clinovia the leading provider of home healthcare services in the UK.
BUPA group risk launches speedy online quote system
BUPA Group Risk today launched a new online system that enables intermediaries to generate a quote and purchase cover within 30 minutes - nearly 500 times faster than the industry standard of 10 days.
Students really mean business
Budding entrepreneurs are being helped by volunteers from BUPA Health Insurance to become business hotshots.
The acquisition opens up potential new markets for both companies.
It will enhance BUPA's existing capabilities in the areas of health information and chronic disease management.
Health Dialog helps 19 million people inside and outside the US manage their healthcare more effectively.
Services are provided to insurance companies, employers, hospitals and clinics, medical professionals and Government agencies.
Health Dialog helps them to identify the most appropriate treatment, measure results and improve the quality of the healthcare being provided.
The result is better outcomes and more cost effective treatment.Val Gooding, Chief Executive of BUPA, said: "We see this acquisition as an important step in increasing our focus on helping individuals to make the best healthcare choices.
"The UK Government's White Paper 'Choosing Health: making healthier choices easier' puts greater emphasis on individuals taking more responsibility for their health and wellbeing.
The independent sector has a crucial role to play in this arena.
"We have been looking at opportunities in this sector for some time and are delighted with this latest strategic development.
We have been a shareholder in Health Dialog for ten years, know the business well and believe it has significant potential in the US, as well as the UK and BUPA's other major markets in Spain and Australia." George Bennett, Chairman and CEO of Health Dialog, added: "BUPA and Health Dialog have worked closely together for many years exchanging ideas, content and concepts for business." This collaboration presents a win-win for both companies.
The stability that will come from being part of BUPA will allow us to accelerate our domestic growth and support expansion in markets outside of the US.".
• BUPA: contact details and other news
• Email this article to a colleague
• Insidemoneytalk Home Page
