Thomson Reuters Acquires Healthcare Data Management

London-based Thomson Reuters, an information provider for businesses and professionals, today announced that it has acquired Healthcare Data Management Inc. (Philadelphia, Pa.) Effective immediately, the company will become part of the Healthcare & Science business of Thomson Reuters. Financial terms of the transaction were not disclosed.

The acquisition of Healthcare Data Management will enhance current efforts to remove healthcare waste, make cost and quality more transparent, and support the current and future compliance needs of the payer market. Additionally, the acquisition strengthens Thomson Reuters audit and payment integrity capabilities including, but not limited to medical, prescription drug, provider, eligibility, and plan design.