Emdeon to acquire Change Healthcare for $135M

Laura Pedulli | | Health Exec | Artificial Intelligence

Emdeon, a Nashville-based health payment company, is buying Change Healthcare for $135 million, according to several news sources.

Emdeon purchased Change Healthcare, which develops tools for individuals to better understand their benefits and healthcare costs, to improve its services offered to healthcare providers, payers and pharmacies.

“By combining our connectivity and scale with Change Healthcare's transparency and personalization capabilities, we can help our customers further increase member and patient engagement and add even more value to the services they provide their customers,” said Neil de Crescenzo, Emdeon president and CEO, in a statement.

This is not Emdeon’s first major acquisition. Over the summer, the company bought Calif.-based healthcare technology company Capario for $115 million. Currently, Emdeon’s network encompasses 700,000 physicians and 60,000 pharmacies and processes $1 trillion worth of medical claims each year, according to the company.

Laura Pedulli

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