ConnectivHealth Acquires Relegent
Acquisition Includes HealthTeacher and Discovery Hospital Products
NASHVILLE, Tenn., June 26, 2007 -- ConnectivHealth today announced
it has acquired Relegent, a Nashville, Tenn.-based provider of
health care information to the hospital and education industries.
Terms of the deal were not disclosed.
"We are excited to have Tod Fetherling and the Relegent family
join ConnectivHealth," said Scott McQuigg, president and CEO. "HealthTeacher
and Discovery Hospital are well-respected brands in health information
and significantly strengthen our capabilities to deliver a wider
continuum of health information to physicians, schools, and hospitals.
Tod's decade of experience in online health information and his
health care marketing acumen adds tremendous value to the ConnectivHealth
leadership team," he added.
"Health and education are the two fastest growing segments
of the GDP, totaling approximately 22 percent of total expenditures," said
J. Tod Fetherling, President of Relegent. "By joining ConnectivHealth,
we strengthen our focus on health education for schools and hospitals,
which must become a key priority for our society over the next
several decades. We have found direct correlations between health
education and improved health outcomes."
As Chief Product Officer of ConnectivHealth, Fetherling will work
with the combined company's customers and business partners, as
well as industry leaders to continue to ensure that ConnectivHealth
products empower consumers and health care providers to improve
health and well-being.
HealthTeacher delivers K-12 health curriculum online, including
lesson plans and related materials to more than 7,000 schools in
more than 60 countries. HealthTeacher was built on the National
Health Education Standards and is backed by more than nine years
of high-quality work and commitment to teachers and students. Discovery
Hospital is a long-standing partnership with Discovery Communications
Inc., which delivers health content to consumers via more than
150 hospital websites. The Discovery Health Channel is also a Discovery
Communications brand. Additionally, the acquisition includes Relegent's
interest in Planning 2.0, which provides market planning software
and consulting to the health care industry.
About ConnectivHealth:
ConnectivHealth is building a network of health care information
and new media businesses that enable the delivery, distribution,
and organization of important health information for physicians,
health care professionals, hospitals, and consumers. ConnectivHealth's
initial holding, VerusMed, founded in 1994, delivers editorially
independent clinical news briefs to more than 150,000 physicians.
When complete, the ConnectivHealth network will include a health
care information platform, connecting a full spectrum of dynamic
health care content. The company's investors include Petra Capital
Partners of Nashville, Chrysalis Ventures of Louisville, Ky.,
and Scott McQuigg. For more information, e-mail us at info@connectivhealth.com.
About Relegent
Founded by J. Tod Fetherling, Relegent is a leading health care
information and marketing firm based in Nashville. Relegent owns
and operates HealthTeacher, the leading K-12 online health curriculum.
The company also exclusively markets Discovery Hospital content
to hospitals and provides additional health care marketing services
to hospitals, health plans, and employers. Prior to Relegent,
Fetherling held several senior-level consulting and interactive
marketing roles within the health care industry, including Vice
President of Business Development at First Consulting Group (FCG),
a health care technology consulting practice. He also served
as Chief Executive Officer of Galaxy.com, the first searchable
Internet directory, which was part of America's Health Network
(AHN.com) and set a record for attracting the most visitors ever
to a single live broadcast event on the Internet by broadcasting
the birth of a child – a significant first. Fetherling
was also Senior Vice President of America's Health Network, overseeing
the Interactive operations of one of the largest Cable/Internet
Health companies. Fox/News Corp. later became co-owner of Galaxy
and AHN. Earlier in his career, he served as Director of Interactive
Marketing at HCA Inc., where he implemented one of the Internet's
first major health portals.
For more information, contact:
Michelle Ponte, Communications Director
ConnectivHealth
615-345-9467
michelle.ponte@connectivhealth.com