Change Healthcare doubles IPO value

Emily Rappleye (Twitter) - Print  | 

Change Healthcare submitted an amended S-1 filing, upsizing its initial public offering to $200 million from the $100 million it filed for in March, according to Seeking Alpha.

The amended prospectus includes a $100 million tangible equity units offering.

The Nashville, Tenn.-based data analytics firm is a joint venture between McKesson and Change Healthcare, Seeking Alpha reports. It provides clinical decision-making and revenue cycle management tools.

 

Editor's note: This article incorrectly called Change Healthcare's Intelligent Healthcare Network a blockchain solution. The article was updated at 12:40 p.m. CT on May 28. We regret this error.

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