Experian Acquires Passport Health Communications for $850M

Experian, an information services vendor, has announced the acquisition of data and software provider Passport Health Communications for $850 million.

The acquisition will significantly expand Experian's product offerings. It will also increase the number of healthcare payment records held by Experian from 1 billion to 4 billion, creating opportunity for the development of new analytic tools.

"With our newly combined product range, we will offer our clients in the U.S. healthcare industry a competitive one-stop-shop to manage risk and to satisfy their payments requirements," said Experian CEO Don Robert in a news release.

More Articles on the Health IT Market:

Health IT M&A Activity: MEDSEEK Acquires SymphonyCare, WebMD Acquires Avado
Verizon Expands Foray Into Healthcare
CareCloud Partners With ZocDoc for Physician Appointments

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars