WindRose Health Investors has announced it has completed the sale of Vital Decisions to Evolent Health.
Vital Decisions, based in Edison, N.J., is a provider of technology-enabled advance care-planning services. Founded in 2006, the company provides collaborative decision making and advance care-planning support for members of a health plan’s population through a suite of telehealth and digital solutions.
WindRose, based in New York, pursues control equity investments in healthcare companies. Founded in 2000, the firm invests in a broad range of industry segments, including outsourced services to payors and health systems, technology-enabled services, healthcare providers and value-added distribution.
Evolent Health (NYSE: EVH), based in Arlington, Va., is a developer of software to help providers manage value-based care programs.
Terms of the transaction were not disclosed.
WindRose completed its majority investment in Vital Decisions in December 2012