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Evolent Health (EVH) Announces Completion of Acquisition of Valence Health

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Evolent Health Completes Acquisition of Valence Health

October 3, 2016 5:42 PM EDT

WASHINGTON, Oct. 3, 2016 /PRNewswire/ -- Evolent Health, Inc. (NYSE: EVH), a company providing an integrated value-based care platform to the nation's leading health systems and physician groups, announced today the completion of its acquisition of Valence Health. First announced on July 13, 2016, this strategic acquisition brings together two innovative companies that serve health care providers in the transition to value-based care.

The closing merger consideration net of certain closing adjustments is $219.4 million based on the closing price of Evolent's Class A common stock on the New York Stock Exchange on October 3,... More