Foley Advises Validic on Sale to ChartSpan
Foley & Lardner LLP advised Validic, the leading personal health data platform on its sale to ChartSpan, a leading provider of care management services.
The combined company brings together ChartSpan’s deep expertise in care management services with Validic’s global IoT and digital health data platform. ChartSpan will now offer Validic’s established product lines, including a health data API infrastructure, RPM software, and device logistics and support to a broader market of health systems, digital health innovators, payers, and life sciences companies building the next generation of remote care. With Validic’s team and technology now part of ChartSpan, the unified company is uniquely positioned as the intelligence, conduit, and action layer powering effective remote health programs, including Chronic Care Management, Advanced Primary Care Management, Remote Patient Monitoring, and custom programs.
Foley served as legal counsel for health care regulatory issues, led by an interdisciplinary team involving partners Thomas (T.J.) Ferrante, vice chair of the firm’s nationally recognized Health Care Practice Group, Jason Mehta, and Christopher Swift.
Foley’s Telemedicine & Digital Health Industry Team helps venture-backed and high-growth companies embrace emerging issues in virtual care, enabling them to provide innovative care for patients in new markets around the block and around the world. Foley is committed to helping entrepreneurs fulfill their goals of harnessing new technology to reach patients anywhere, delivering care without borders or geographic limitations. The firm helps create fully-fledged telemedicine offerings, providing end-to-end legal services by coupling precise strategic guidance with rapid turnarounds to maintain that sense of urgency necessary to launch new initiatives and remain competitive in the marketplace.
Learn more at www.foley.com/telemedicine.