Hearst has acquired Work-Loss Data Institute (WLDI), a healthcare data company. Terms of the deal weren’t disclosed.
WLDI will become part of Hearst Health’s MCG Health unit, which overseen by president and CEO Jon Shreve.
As a result of the deal, WLDI senior vp of business development Phil LeFevre will join MCG in a leadership role. He’ll report to Shreve. WLDI’s president and CEO Phil Denniston is stepping down and will continue in a consulting role. WLDI co-founder Pat Whelan will also serve as a consultant.