HIT Consultant November 4, 2025
What You Should Know:
– LifeMD, Inc., a provider of virtual healthcare services and pharmacy, today announced the sale of its majority ownership interest in WorkSimpli Software LLC in a transaction valuing WorkSimpli at an enterprise value of approximately $65M.
– The divestiture was led by WorkSimpli founder and CEO Sean Fitzpatrick, with support from a private investment group. This transaction represents a key milestone in LifeMD’s strategic transformation, positioning the Company as a pure-play healthcare company focused exclusively on expanding its virtual care and pharmacy offerings.
Strategic Divestiture to Sharpen Focus
The sale of its majority stake in the Software as a Service (SaaS) productivity tools company, WorkSimpli, allows LifeMD to concentrate resources entirely on its core...
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