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Intellerus acquires VerusMed

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New York—Intellerus, a private investment firm headed by Roscoe C. Smith III, announced Monday that it has acquired VerusMed, the medical information business unit of ConnectivHealth.

Financial terms of the deal were not disclosed.

Media investment bank Jordan, Edmiston Group advised ConnectivHealth on the transaction. Smith will become chairman-CEO of VerusMed; June Manning will continue in her position as editor in chief.

VerusMed provides therapeutic updates to doctors and other health care professionals.

—Sean Callahan

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