Epstein Becker Green Closes Sale of PPO to Integrated Benefits Solutions Company
Epstein Becker Green advised Virginia Health Network, Inc. (“VHN”), a wholesale model preferred provider organization (“PPO”) owned by a consortium of hospitals in the Richmond and Hampton Roads areas of Virginia, in connection with the sale of all the stock of VHN to MedCost, LLC (“MedCost”), an integrated benefits solutions company operating in North Carolina, South Carolina, and Virginia. MedCost offers customized programs to help employers lower their health plan costs and provide affordable benefits for their employees. The transaction closed on May 31, 2017.
The Epstein Becker Green team included Lee Calligaro and Leonard Lipsky.