Emdeon acquires Maine company for undisclosed sum

Emdeon Inc. has acquired Goold Health Systems, a Augusta, Me.-based health care management organization that specializes in providing pharmacy benefit services primarily to state Medicaid agencies.

Terms of the deal were not disclosed in a release.

"The acquisition expands Emdeon's position in the government pharmacy benefit administration market while enhancing our existing pharmacy benefit operations," Kevin Mahoney, Emdeon executive vice president of pharmacy services, said in the release.

Nashville-based Emdeon provides health care revenue and payment cycle management and clinical information exchange solutions.