Health IT Company Emdeon to Acquire Capario for $115M

Nashville-based Emdeon, a revenue cycle management and health IT solutions company, has entered a definitive agreement to acquire Santa Ana, Calif.-based Capario.

Capario also offers revenue cycle management through its cloud-based platform.

Emdeon will acquire Capario for approximately $115 million in cash. The deal is expected to close in the third quarter of 2014.

"Adding our capabilities to Emdeon's solution portfolio and working together across many segments of the healthcare ecosystem will enhance our growth potential and positive market momentum," said Capario president and CEO Jim Riley in a news release. "Our customers face enormous challenges with the increasingly complex reimbursement environment, as well as ICD-10 and other regulatory influences. We look forward to working with Emdeon to further our mission of helping healthcare providers get paid faster and easier."

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