HIStalk Quotes
Misys Acquires Claims Processor Payerpath for $49 Million
RALEIGH, N.C. (Feb. 1, 2006) - Misys Healthcare Systems, a market leader in healthcare IT, has acquired Payerpath Inc., a private company that provides Internet-based solutions for processing health claims. The purchase not only combines the expertise of two of the industry's leading electronic processing providers, but also enables both companies' product lines to be complemented with additional capabilities - thus bringing new, innovative solutions to their respective customer bases and the industry at large.
Specific details of the $49 million cash acquisition were not disclosed.
Gotta liove press releases when the "leading" company in electronic claims
is worth a mere $49m. I assume we HISTalk afficinados can search in our
couches for enough spare change to buy EDS or EmDeon then!
