Blackstone To Acquire Emdeon for $3 Billion
The Blackstone Group will buy Emdeon for $3 billion, with the private equity firm taking the publicly traded Emdeon private, it was announced this morning. For the past year, Emdeon earned $19.5 million in profit on $1 billion in revenue.
Nashville-based Emdeon offers revenue cycle solutions for providers, pharmacy benefits transaction processing, and claims solutions for payers.
Rumor of the acquisition was reported here on July 29.
EHRMusing - You make a lot of accurate statements about key factors in the selection process but the comment about…