Healthcare IT News June 28, 2019
The CEO says cash raised by the stock offering will help broaden the analytics and data capabilities it can offer its payer and provider customers – and drive innovations in AI, blockchain, robotics and more.
The long-expected initial public offering for Change Healthcare took place June 27, nearly three years to the day since the merger was announced between Change and McKesson’s information technology business, creating the company as it’s known today.
Shares of the IPO were first priced at $13 this week, which was substantially lower than the $16-$19 target set by the Nashville, Tennessee-based company earlier this month. But by the close of trading on Thursday, shares of Change Healthcare (CHNG) had risen to $15.
With the...
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