HMS acquires Lorica Health
US-based healthcare analytics and technology company HMS has been advised on its acquisition of Australian payment accuracy solutions provider Lorica Health.
Firm: Baker McKenzie (HMS); Clayton Utz (sellers).
Value: Undisclosed.
Area: Corporate.
Key players: The Bakers team was led by partner Ben McLaughlin, who was supported by the following: Kate Jefferson, Madeleine McIntosh, Lewis Assness, Toby Patten, Michael Michalandos, and Lucienne Gleeson.
Deal significance: Speaking about the deal, Mr McLaughlin said: “We were delighted to act for our US client, HMS, a leader in healthtech, on its acquisition of Lorica Health, based here in Australia. This strategic acquisition bolsters our client’s capabilities in one of the world’s fastest growing regions for healthcare analytics and technology services.”