Fresenius Medical Care announced today that the three-way merger it announced earlier this year has closed.
In March, Fresenius entered into an agreement to create a new company for providing kidney care. The agreement involves Fresenius Health Partners (Fresenius Medical Care North America’s value-based care division) entering into a combination with InterWell Health and Cricket Health.
According to a news release, the three-way merger has today officially satisfied customary closing conditions and received regulatory clearance in the U.S.
The new company will operate under the InterWell Health brand, bringing Fresenius Health Partners’ expertise in kidney care together with InterWell’s clinical care models and Cricket Health’s tech-enabled care model that utilizes StageSmart informatics and patient engagement platforms. Altogether, Fresenius said this creates “an innovative, stand-alone entity poised to transform kidney care.…