The New York Times Company sells to MDx Medical

The New York Times Company has sold its unit to MDxMedical, Inc., parent company of Terms of the transaction were not disclosed. (“UCompare”), based in Marlborough, Mass., provides dynamic Web-based interactive tools to help consumers both measure the quality of and find healthcare services, healthcare providers and healthcare facilities.

“Combined, the UCompare and Web sites are visited more than 100 million times annually by patients. They use the sites to make more informed and intelligent decisions about their doctors, hospitals and other healthcare facilities,” said Mitch Rothschild, co-founder and CEO of MDx Medical. “With this acquisition, we’ll have the scale to make health care access simpler and more transparent for the consumer-patient. We’ll be introducing powerful Web-based and mobile applications so patients can access better quality care more conveniently.”

The Times Company acquired in March 2007.

USA, New York, NY, Marlborough, MA & Lyndhurst, NJ

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