Misys Healthcare Systems Acquires Payerpath Inc.
Healthcare IT vendor Misys Healthcare Systems has acquired for 49M in cash Payerpath Inc, a private company that provides Internet-based solutions for processing health claims. According to the acquiring company, it will combine Payerpath’s Richmond, Va.-based operations - which currently process about 50 million claims a year - with its own electronic transactions clearinghouse which processes more than 420 million electronic transactions a year.
February 1, 2006 Related topics: Mergers & Acquisitions