On March 16, 2021, Grand Rounds, a leader in healthcare quality and navigation, and Doctor on Demand, the nation’s leading virtual care provider, announced their merger agreement. Wilson Sonsini Goodrich & Rosati advised Grand Rounds in the transaction.

According to the announcement, the merger will create an integrated virtual care company that will be the first of its kind. The new company will combine Grand Rounds’ data-driven clinical navigation platform and patient advocacy tools with Doctor on Demand’s virtual care offering. The combination will accelerate the adoption of virtual care in key areas including primary care, specialty care, chronic condition management, and behavioral health. Both companies will continue to operate under their existing brands for the time being.

The transaction is subject to regulatory approval and customary closing conditions and is expected to close in the first half of 2021. Terms of the transaction were not disclosed.

The Wilson Sonsini team advising Grand Rounds includes the following attorneys:

Corporate
Jeffrey Saper, Partner

Mergers & Acquisitions
Todd Cleary, Partner
Ethan Lutske, Partner
Brian Chan, Associate
Erin Malone-Shkurkin, Associate
Eric Chang, Associate

Employment Benefits and Compensation
Scott McCall, Partner
Michael Klippert, Associate
Jason Chan, Associate

Technology Transactions
Sarah delos Santos, Associate

Privacy & Data Security
Matt Staples, Partner
Daniel Chen, Associate
Haley Bavasi, Associate

Tax
David Strong, Partner

Employment & Trade Secret Litigation
Aren Balabanian, Associate
Heather Diles, Associate

Antitrust
Ben Labow, Partner

Delaware Law
Ryan Greecher, Partner
Adrian Broderick, Partner

For more information, please see Grand Rounds’ press release.