WebMD to be Acquired by Internet Brands

On July 24, WebMD Health Corp. announced that Internet Brands has entered into a definitive agreement to acquire WebMD (the HealthFlex vendor partner for the HealthFlex/WebMD website, health coaching, HQ online health assessment and other well-being support services). Internet Brands is a KKR portfolio company that offers integrated online media and software services focused on health and other fields.

Pending approvals, the acquisition is expected to close during Q4 2017.

As highlighted in WebMD’s press release (provided here), Wespath’s Center for Health anticipates that this acquisition will provide a foundation of greater resources and value for HealthFlex participants and plan sponsors over the long term. The Center for Health will continue to partner with WebMD and will share more information with respect to this acquisition as it becomes available.

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