Five things to know:
1. With a price offering of $16 to $19 per share, Change Healthcare plans to raise an estimated $936.4 million, according to a June 14 filing with the Securities and Exchange Commission, Nashville Business Journal reports.
2. The company also expects to raise almost $300 million by selling its tangible equity units.
3. The two offerings create a combined total of $1.2 billion.
4. Change Healthcare initially filed its IPO in March at $100 million, before increasing it to $200 million in May.
5. The Nashville, Tenn.-based data analytics firm is a joint venture between McKesson and Change Healthcare that formed in 2017.
More articles on health IT:
Ties to the AMA ‘solve the mission problem’ for Health2047, a digital health catalyst
Why using a sleep tracker can worsen insomnia
Recruiting study participants via Facebook results in larger, more diverse pool
