Business
Claims clearinghouses combine
NEWS IN BRIEF — Posted Feb. 20, 2006
Misys Healthcare Systems announced Feb. 1 that it acquired Payerpath Inc., an Internet-based claims clearinghouse in Richmond, Va., for $49 million in cash.
Misys, based in Raleigh, N.C., will combine its claims clearinghouse, M. Transaction Services, with Payerpath's and will operate the newly combined business under the Payerpath name. Misys also sells practice management and electronic medical records software to physicians.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2006/02/20/bibf0220.htm.