Northwell Health joint venture acquires medical billing software firm Etransmedia

Formativ Health, a joint venture owned by New Hyde Park, N.Y.-based Northwell Health and private equity firm Pamplona Capital Management, purchased Etransmedia, a medical billing software company, according to the Times Union.

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The terms of the transaction have not yet been disclosed.

Formativ Health, a comprehensive management services organization, launched Jan. 6. The company provides management services to physician practices.

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