Large health care IT vendor Cognizant is buying Bolder Healthcare Solutions, which offers revenue cycle management software and services for about $108 million.
In yet another massive attempt to remake the health system, or at least change your declining fortunes, Cigna is buying PBM Express Scripts for $67 billion. This makes Cigna more like UnitedHealth and Aetna, if the CVS merger goes thru, in having a substantial stake in the pharmaceutical game, and it will whack UnitedHealth's OptumRx unit, as it currently works for Cigna.
Innovation, which has struggled to find profitability, is acquiring Ability Network, which provides various communication and administrative functionality for providers and payers, for a whopping $1.2 billion.
Tract Manager, which offers health systems contract and supplier management software and services, is buying Newport Credentialing Solutions, which helps systems track provider credentialing.
Grocery chain Albertson's is buying the rest of Rite Aid that was not purchased by Walgreens, for unclear reasons, in a multi-billion dollar transaction.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.