Debevoise & Plimpton LLP is advising HealthEdge Software, Inc. (“HealthEdge”), a portfolio company of Blackstone, in its acquisition of Altruista Health, Inc. (“Altruista”). For more information, please see the company’s press release.
HealthEdge provides modern, disruptive healthcare IT solutions that health insurers use to leverage new business models, improve outcomes, drastically reduce administrative costs, and connect everyone in the healthcare delivery cycle. In 2020, HealthEdge was acquired by Blackstone, becoming the first healthcare and second transaction for Blackstone Growth (BXG). HealthEdge’s portfolio includes HealthRules Payor, the industry’s leading integrated financial administrative and clinical platform for health insurers, as well as HealthRules CareManager, and Burgess Source. Altruista Health delivers care management and population health management solutions that support value-based and person-centered care models.
The Debevoise team is led by M&A partners Jennifer Chu and Kevin Rinker includes associates Benjamin Collins-Wood, David Becker, Richard Hughes, Julia Chen and Kim Le, finance partner Sunil Savkar and associates Giselle Alvarado and Lee Henderson, benefits partner Meir Katz and associate Zain Kazmi, tax partner Peter Furci and associate Erasmo Perez and intellectual property partner Jeffrey Cunard and associate Jason LeBlanc.