Leading Provider of Healthcare Predictive Analytics and Data Mining Solutions
WALTHAM, MA — Elsevier, an international publisher of science and health information, has acquired MEDai Inc., a predictive analytics company that analyzes healthcare claims and improves the delivery of healthcare for payers and providers. Morse, Barnes-Brown & Pendleton represents Elsevier as outside counsel and advised the company in connection with the structuring, negotiation and documentation of the acquisition. Attorneys on the transaction were Howard Zaharoff, Jeffrey Somers, Joseph Marrow, Robert Shea and David Czarnecki were attorneys on this transaction.
Based in Orlando, Florida, MEDai has solutions that include severity adjustment (determining the severity of a disease and its affect on the patient’s outcome through the analysis of relevant data), benchmarking and evidence-based care processes. Payers and care management organizations use MEDai to predict patients at risk, identify cost drivers for high-risk populations, forecast future health plan costs, evaluate patient patterns over time and improve outcomes.
Elsevier is a world-leading publisher of scientific, technical and medical information products and services. Working in partnership with the global science and health communities, Elsevier’s 7,000 employees in over 70 offices worldwide publish more than 2,000 journals and 1,900 new books per year, in addition to offering a suite of innovative electronic products, such as External link Science Direct, External link MDConsult, External link Nursing Consult, External link Scopus, bibliographic databases, and online reference works.
Morse, Barnes-Brown Pendleton, PC, focuses exclusively on the core legal services that businesses need to succeed. The law firm assists businesses of all sizes — from start-ups to Fortune 1000 companies — in the areas of business law, technology and intellectual property, employment and immigration and taxation.
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FOR IMMEDIATE RELEASE
February 11, 2008
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Laurie Macdonald
781-622-5930