Verispan acquired by data rival SDI

Share this article:
Verispan has been bought by rival healthcare analytics firm SDI for an undisclosed price.

A privately owned firm based in Plymouth Meeting, PA, SDI offers similar patient-level data analytics services, but where Verispan's syndicated offerings have formed the crux of its business, SDI has focused more on custom programs. 

SDI's John Ross, VP client services, said the company anticipates minimal redundancies initially. “The services of both firms are pretty complementary,” he said. “The only overlap is in the patient level data space, and within that, only on the custom offerings. That's one of the aspects of the deal that made it very attractive for both parties.”

The organization will be known as SDI, though select offerings may retain the Verispan brand, Ross said. It will boast a staff of 700, with Verispan's 500 employees remaining in their Yardley, PA, offices, and will be led by CEO Andrew Kress, who was president of SDI. Verispan CEO Wayne Yetter is leaving the company after a transition period. 
Share this article:
close

Next Article in Features

Email Newsletters

More in Features

Antidote: On Cystic Fibrosis treatments

Antidote: On Cystic Fibrosis treatments

Recent treatments in CF, including the inhaled antibiotic Tobramycin, have increased lifespan well into adulthood.

The $3 generic and the $1,000 pill: pharma outsiders just don't get it

The $3 generic and the $1,000 pill: pharma ...

What do you call the people who treat medical breakthroughs as if they were bank heists? Malicious? Uninformed? Not with it?

Leadership Exchange Uncut : The Agency-Client Relationship

Leadership Exchange Uncut : The Agency-Client Relationship

Click the above link to access MM&M's first Leadership Exchange Uncut e-book, "The Agency-Client Relationship"