Stanford Hospital Buys CareCounsel Health Advocacy Specialist

Circle Connections: Mergers & Acquisitions Stanford Hospital & Clinics said it has acquired privately held CareCounsel, which provides employer-sponsored health advocacy and health-care assistance services to 150,000 employees, retirees and their family members. Terms of the deal were not disclosed. The 16-year-old San Rafael company helps individuals navigate their way through the health care world using an employer-sponsored benefit. CareCounsel's founder, Lawrence Gelb, will remain in his current role as the company's president and CEO. This was reported on August 22, 2012 by the San Francisco Business Times. Contact information: James Larkin . . .