The Revolution Health Network, developer of the consumer healthcare information Web portal revolutionhealth.com, and Waterfront Media, New York, owner of the consumer-oriented Everyday Health Network, will merge, according to a news release. Financial terms of the deal between the two privately held companies were undisclosed. The deal is expected to close in mid-October, according to the release. Revolution Health Network is a business unit of Revolution Health Group, Washington.
The merged companies will retain the name Waterfront Media and will remain headquartered in New York with Waterfront Media co-founder and Chief Executive Officer Benjamin Wolin staying on as CEO. Revolutionlaunched by America Online co-founder Steve Case, who was voted No. 1 this year on Modern Healthcares 100 Most Powerful People in Healthcare rankingwill continue as an independent entity with its RediClinic, Extend Health, BrainScope and SparkPeople health-related businesses. Case will serve on the board of Waterfront Media, according to the release.