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.

Advertisement

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

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.