HealthExec July 6, 2022
Global investment firm Francisco Partners has closed its $1 billion acquisition of the healthcare data and analytics assets that were part of IBM’s Watson Health business. The deal was previously announced in January.
Francisco Partners will keep the business as a standalone entity under the moniker Merative. It will be headquartered in Ann Arbor, Michigan. The business will provide services to the global healthcare ecosystem, serving clients in life sciences, provider, imaging, health plan, employer, and government health and human services sectors. The company’s products will be divided into six product families, including Health Insights; MarketScan; Clinical Development; Social Program Management and Phytel; Micromedex, and Merge Imaging solutions.
Gerry McCarthy will lead the new business. She is a seasoned healthcare...