Emdeon nets $7.9M in Q2 income: 4 things to know

Revenue cycle management company Emdeon has reported its second quarter financial results.

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Here are four things to know about the company’s financial performance for the second quarter of 2015.

1. Emdeon reported $7.9 million in net income for the quarter, up from a $59.5 million loss in the second quarter of 2014.

2. Solutions revenue for the quarter increased 5.9 percent from $249.1 million to $263.8 million.

3. The company’s adjusted EBITDA for the quarter increased 8.4 percent to $97.9 million.

4. In July, Emdeon agreed to purchase Altegra Health. The transaction is expected to close in the third quarter of this year.

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