Diplomat sells certain assets of Envoy Health Management to Diligent Health Solutions
Diplomat, the nation's largest independent provider of specialty pharmacy services has sold certain assets to Diligent Health Solutions.
Diplomat Pharmacy has completed the sale of certain assets of Envoy Health Management to Diligent Health Solutions, a multifaceted healthcare communication center. Financial details and additional terms of the transaction were not disclosed.
The contracts administered at the Chantilly, Va. location as well as associated Envoy Health Management employees have been transferred to Diligent Health Solutions. Diplomat is retaining a portion of the Envoy Health Management operations, specifically the portion operated out of the Flint, Mich. location, which will continue to specialize in digital therapeutics and pharmaceutical services.
"Diplomat continues to support manufacturers with specialty drug and digital therapeutics services," Diplomat CEO and chairman Brian Griffin said. "With the sale of certain Envoy Health Management assets to Diligent Health Solutions, we are divesting non-core assets and expect to utilize the proceeds to pay down debt."
Diligent Health Solutions serves the pharmaceutical, biotech, medical device, and non-profit industries with a center supported by subject matter experts and highly experienced client services and operational management professionals.
"With this acquisition, Diligent will now have locations in Philadelphia and Washington, D.C. and we'll be able to leverage Diligent's newer technology and share expert resources across both locations. This is an exciting and strategic step for us, and we look forward to welcoming this esteemed team of contact center specialists, leaders, and client partners to the Diligent Health Solutions family," Diligent Health Solution's CEO Mary Anne Greenberg said.