US-based revenue and payment cycle management applications provider Emdeon has acquired GE Healthcare Information Technology’s patient statement business for an undisclosed sum.
The company said the GE healthcare business provides bulk printing and mailing services and serves more than 400 hospitals and physician groups. The acquisition will allow GE Healthcare IT’s clients to access Emdeon’s suite of integrated print and electronic patient billing services, return mail management, eCashiering, lockbox services and other patient communications.
George Langdon, vice president and general manager at GE Healthcare IT’s patient statement business, said: “We’re pleased to extend our relationship with Emdeon in an effort to meet the changing needs of our customers and market. Emdeon’s depth of healthcare communications services will provide additional value for our installed base.”
Last year, Emdeon acquired patient billing and payment applications provider IXT Solutions to strengthen its product portfolio.
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