WebMD Health Corp., an Internet Brands company and the leader in health information services for consumers, physicians, and other healthcare professionals, today announced that it has acquired The StayWell Company, a subsidiary of Merck, known as MSD outside the United States and Canada.
The StayWell brands—including the core StayWell employee well-being platform and the Krames clinical patient education platform—deliver employee and patient engagement and empowerment solutions for more than 4 million employees, more than 1,500 health systems and hospitals, and eight of the 10 largest health payers in the U.S. The transaction enables WebMD and StayWell to leverage their combined scale to drive well-being and engagement solutions to even more employees and patients.
“StayWell and WebMD have more than 60 years of combined experience driving positive evidence-based health behavior change for patients and employees,” said Bob Brisco, WebMD CEO. “This transaction will enable our organizations to deliver even more powerful customer solutions that can improve health, lower health risks, and reduce healthcare costs.”
“StayWell and WebMD both focus on developing health education and employee well-being programs that engage and empower individuals wherever they may be in their personal health journey. We are confident that the combination will bring even greater value to the businesses, governments, healthcare providers, payers, and associations that we serve,” said Nicole Latimer, StayWell CEO.
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Based in Yardley, Pa., The StayWell Company will operate as an independent subsidiary of WebMD, as the companies build on and integrate products, platforms, and services. Terms were not disclosed.
Source: Biospace