Intermedix to Spin Off Emergency Preparedness and Response

NASHVILLE, Tenn. and ATLANTA  – Intermedix today announced it will spin off its Emergency Preparedness and Response Division following the completion of the sale of its healthcare RCM, practice management and analytics business lines to R1 RCM Inc. (NASDAQ:RCM). This new company, to be named “Juvare,” pronounced Joo-VAHR-Ay, will be an independent, privately held company, backed by Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm that currently owns Intermedix. Juvare will be composed of all of the assets and business of Intermedix’s Emergency Preparedness and Response Division. It will continue to deliver its full range of market-leading software solutions for business continuity, resiliency, incident management, preparedness and resource management. The portfolio includes solutions and products marketed as WebEOC, EMResource, eICS, EMTrack, CORES and FleetEyes. Juvare will be led by Robert E. “Bob” Watson as its CEO and president. He currently serves as the president of the Emergency Preparedness and Response Division. Watson joined Intermedix in 2017 after an extensive nation-wide search was held to find the right leader for the Emergency Preparedness and Response business line. Under Watson’s leadership, the new company will help clients become more resilient by bringing them a clearer picture of their entire organization for routine activities, planned events, and adverse incidents. “It’s an honor to lead this organization of...
Source: JEMS: Journal of Emergency Medical Services News - Category: Emergency Medicine Authors: Tags: Industry News Source Type: news