Experian, Costa Mesa, Calif., has signed a definitive agreement to acquire Medical Present Value, Inc., the Austin, Texas-based supplier of revenue management software.
The acquisition will expand its offerings to optimize payments from patients, commercial payers, and government programs, according to the company. It adds that the acquisition expands Experian's focus beyond hospitals into the large physician market.
MPV is being acquired for $185 million; operations will remain in Austin and San Antonio, texas and Plymouth, Mass.