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Ingenix buys NWH for $52.4M
UnitedHealth subsidiary Ingenix has signed a deal to acquire NWH, a New York-based company specializing in "real-time Internet connections" between healthcare companies, for $52.4 million. NWH reported $18.9 million in revenue and net income of $942,000 last year. A UnitedHealth spokesman said the merger will increase efficiency, and allow the insurer to reimburse physicians more quickly. The move comes on the same week that a report listed the insurer as among the slowest to respond to claims.
- see this article from the Minneapolis Business Journal
PLUS: McKesson has acquired patient billing software vendor HealthCom Partners. Article
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