Nashville, Tenn.-based Emdeon, a provider of revenue and payment cycle management solutions for the healthcare industry, has acquired U.K.-based GE Healthcare Information Technology’s patient statement business, a bulk printing and mailing services provider.
According to Emdeon, the acquired business currently serves more than 400 hospitals and physician groups, providing timely delivery of correspondence such as statements, invoices, claims and appointment reminders for patients. The company also says that the acquisition strengthens Emdeon’s position as a preferred vendor partner for GE Healthcare’s IT business.
Terms of the agreement were not disclosed.