Davis Polk advised Signify Health on its acquisition of PatientBlox. The acquisition accelerates Signify’s prospective provider payment capabilities for episodes of care, supporting the company’s commitment to advance value-based care through novel payment and risk arrangements. Financial terms of the transaction were not disclosed.
Signify Health is a leading provider of technology-enabled healthcare solutions designed to keep people healthy and happy at home. Signify Health is accelerating the movement to value-based care by working with payers and providers to address both the financing and delivery of care, and sharing accountability for driving better outcomes for the individuals and families they serve. PatientBlox is a technology company with deep expertise in applying distributed ledger technology in healthcare.
The Davis Polk corporate team included partners Harold Birnbaum and Oliver Smith and associates Jeffrey Scharfstein and Francesca Campbell. Partner Pritesh P. Shah and associates Hilary Smith and Mikaela Dealissia provided intellectual property advice. Partner Jeffrey P. Crandall provided executive compensation advice. The tax team included partner William A. Curran and associate Elina Khodorkovsky. All members of the Davis Polk team are based in the New York office.