|
ValueHealth Stage: Venture Date of Investment: 1997
|
|
ValueHealth was formed in March, 1987, by Bob Patricelli and Warburg Pincus to create a leading specialty managed healthcare business for employer-sponsored health benefit plans. Value Health's primary product lines targeted prescription drug and mental health benefits, two of the fastest growing areas of employer healthcare costs. In addition, the company marketed managed workers' compensation products and disease management and utilization review services. Value Health went public in April, 1991 and was acquired by Columbia/HCA Healthcare Corporation in August, 1997.
