X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A second strategic partner filed a breach of contract lawsuit against WebMD Corp. as the company struggles to restructure its network of strategic alliances. InfoCure Corp. filed a civil suit March 8 in Georgia’s Superior Court of the County of Fulton seeking at least $46.5 million for breach of contract and “tortuous interference with business relations,” according to documents filed with the Securities and Exchange Commission. The complaint alleges WebMD failed to pay a $1.5 million rebate due under the partnership agreement with WebMD’s Envoy Corp. unit. On Jan. 24, 2000 WebMD agreed to acquire Envoy, the largest provider of transaction-processing services that link doctors and insurers, from Quintiles Transnational Corp. for $840 million. Under terms of a modified agreement signed after the merger was announced, InfoCure was entitled to a rebate when claims were sent to insurance companies paying WebMD’s prevailing rate. The two sides cannot agree on which claims are entitled to a rebate. InfoCure also claims WebMD salespeople have spread false statements about InfoCure’s financial solvency. InfoCure makes desktop software to manage patient records and billing information. WebMD subsequently acquired InfoCure’s largest physician management software competitor, Medical Manager Corp. In September, Martin Wygod, former CEO at Medical Manager, was tapped to lead WebMD and announced plans to terminate many of strategic partnerships signed by the previous management team. On Feb. 23 Quintiles filed a lawsuit against WebMD Corp. for breach of contract. InfoCure has retained Holland & Knight and New York-based Caldwalder, Wickersham & Taft for legal counsel. Copyright (c)2001 TDD, LLC. All rights reserved.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.