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Webmd Health Corp. Acquires Sanovaworks, Building On Leadership In Medical Education

Jan 25, 2022•over 3 years ago

Acquiring Company

WebMD Health

Acquired Company

SanovaWorks

NewarkHealth CarePrivacy And SecurityHealth Care

Description

WebMD Health Corp., an Internet Brands company and a leader in health information services for physicians, other healthcare professionals and consumers, today announced that it has acquired SanovaWorks, a global multiplatform company focused on delivering targeted educational offerings and learning solutions for dermatologists.

Company Information

Company

WebMD Health

Location

Newark, New Jersey, United States

About

WebMD Health Corp., an Internet Brands company, is a leader in health information services for consumers, physicians, and other healthcare professionals. It provides industry-leading healthcare growth and engagement solutions, serving over 650 healthcare organizations with personalized and interactive consumer health education.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed