We represented Change Healthcare in its $167.5 million disposition of the legacy extended care solutions business of McKesson to Netsmart.

Change Healthcare’s extended care solutions business will be integrated into Netsmart’s existing platform, CareFabric, and will strengthen Netsmart’s presence in the long-term and post-acute care services market. This transaction was an important step in Change Healthcare’s plan to focus on expanding its retail-centric offerings.

Change Healthcare (formerly NYSE: EM) is a leading provider of software and analytics, network solutions and technology-enabled services that optimize communications, payments and actionable insights designed to enable smarter healthcare.