Tech Company M&A Transactions
HealthDataInsights Acquisition
HealthDataInsights, based in Las Vegas, was acquired by HMS Holdings. HMS Holdings disclosed that the acquisition price was $400 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/9/2011
Transaction Type
M&A
Amount
$400,000,000
M&A Terms
The $400 million will consist of $384 million in cash paid at closing and approximately $16 million in consideration in the form of assumption of unvested options.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
7501 Trinity Peak St. 210
Las Vegas, NV 89128
USA
Las Vegas, NV 89128
USA
Phone
Website
Email Address
Overview
HealthDataInsights has developed a set of technology-based precision audit tools that assist Insurers and TPAs in their efforts to minimize fraud, abuse and overpayments. HCARE delivers positive bottom line results through the recovery of CPT-based professional services claim overpayments and a myriad of other claim overpayments, which are identified through our unique data query processes.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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