Business
Physician software company expands
NEWS IN BRIEF — Posted Dec. 12, 2005
TriZetto Group Inc. announced on Nov. 21 that it signed a definitive agreement to acquire CareKey Inc. for $60 million in cash.
Under the deal, TriZetto, a Newport Beach, Calif., company that sells software to insurers and physicians, may make an additional payment of $40 million if certain financial milestones are met. CareKey, Boston, sells personal health records, disease management, case management and utilization management software.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2005/12/12/bibf1212.htm.












