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.

Reporter • 19 January 2021 • Big Law

Firm: Baker McKenzie (HMS); Clayton Utz (sellers).

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Deal: Listed company HMS has acquired Lorica Health.

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.

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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.”

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