Here are five insights into the transaction.
1. The transaction is valued at $910 million.
2. Emdeon intends to acquire Altegra with a combination of cash and proceeds from new debt and equity financing.
3. The acquisition combines Altegra Health’s risk adjustment and quality analytics platform with Emdeon’s Intelligent Healthcare Network, revenue cycle technology and payment solutions, “enabling the delivery of innovative products designed to help customers elevate care quality, optimize financial performance and improve the member and patient experience,” the organizations said.
4. Emdeon’s Intelligent Healthcare Network reaches 750,000 physicians, 105,000 dentists, 60,000 pharmacies, 5,000 hospitals, 600 vendors, 450 laboratories and 1,200 government and commercial payers and processed approximately 8.1 billion transactions in 2014.
5. Altegra operates in all 50 states. The company partners with Medicare Advantage, Medicaid managed care plans and health plans operating on commercial exchanges.
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