Emdeon preps Altegra debt sale

Executives at Nashville-based Emdeon say they plan to issue $250 million of debt to help fund their planned $910 million acquisition of Altegra Health. The six-year notes are being marketed via a private offering. Florida-based Altegra markets analytics and risk management services to insurers and in the past 12 months rang up adjusted EBITDA of $59 million on revenues of $212 million. Adding it to Emdeon will grow the company's annual sales to $1.6 billion.

Aug 4, 2015 2:31 PM

Volume gains boost Emdeon revenues

Insurance expansion drives network solution growth, helps adjusted EBITDA grow 8%
Jul 27, 2015 12:14 PM

Emdeon, U.S. Bank subsidiary team up to launch payment processing platform

Transend Pay provides direct deposits from insurers to providers
Jul 7, 2015 10:36 AM

Emdeon buys health care analytics company for $910M

Nashville company to combine risk management tools with revenue cycle solutions
Jul 6, 2015 12:23 PM

Revenue cycle manager picks up some Mercy business

A Hendersonville-based revenue cycle manager has taken over some of the billing services work of a Missouri hospital owned by the Mercy network. Xtend Healthcare's contract comes as Mercy officials reportedly laid off about 40 people at the 886-bed hospital. Read more here.

Jun 29, 2015 7:06 AM

Emdeon operating profits jump 70%

Net revenues climb 9%, SG&A drops 10%
May 12, 2015 7:11 AM

Earnings wrap: Emdeon, Kirkland's

Revenue cycle manager seeing solid growth, retailer says 2015 'encouraging' so far
Mar 17, 2015 11:21 AM

Emdeon acquires payment services company for $35M

Texas company adds suite of consumer tools for revenue cycle company
Dec 15, 2014 10:02 AM

Emdeon looks to add debt

Revenue cycle manager and clinical information exchange company Emdeon says it is looking to add $160 million to its term loan borrowings. The new funds will go toward general corporate purposes, including acquisitions. (The company recently said it will buy Change Healthcare for up to $185 million.) Emdeon execs say they expect the transaction will be done before New Year's. As of Sept. 30, the company had total long-term debt of $2 billion — almost $1.3 billion of it in senior secured term loan — versus shareholders' equity of about $900 million.

Dec 3, 2014 7:02 AM

Emdeon acquires Change Healthcare

Local cost containment companies merge in deal that could be worth $185M
Nov 19, 2014 11:31 AM