Emdeon, the large EDI and revenue cycle management vendor, is buying ChangeHealthcare, a cost transparency and provider comparison service. The price is $135 million base and up to $50 million in contingent payments, which may not be quite up in Castlight territory, but is an equally absurd valuation for something that already is largely available free to consumers.
MedeAnalytics, a cloud-based or cloudy health care analytics firm, has acquired OnFocus HealthCare, which focuses on data to improve performance or performance to improve data, something like that.
LexisNexis, the large publishing and software firm, is acquiring Health Market Science, which provides a variety of data regarding the practices of health care providers.
Truven Health Analytics, the former Thompson unit, has acquired Heartbeat Experts, a global provider of data analytics services, primarily to life sciences companies.
Global Healthcare Exchange, which assists health systems with their supply chain activities, has acquired Vendormate, which offers supplier relationship management software.
New Mountain Capital, a private equity firm, has acquired HealthPort, which provides services related to the security of health information and responding to medical record requests.
Aetna, which a couple of years ago acquired Medicity, has acquired another exchange IT vendor; this time bSwift, for $400 million. Competing with the benefit consulting firms in this area, however, is going to be difficult for Aetna and the other payers.
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.