Fierce Health Technology January 26, 2022
Change Healthcare is mulling the sale of its payment integrity business, ClaimsXten, in hopes it will pave the way for federal approval for its merger with UnitedHealth Group, Bloomberg reports.
People with knowledge of the matter told the outlet that ClaimsXten could fetch $1 billion if it’s put up for sale. The company generates between $130 million and $150 million in annual earnings before interest, taxes, depreciation and amortization.
It’s unclear whether there is a timeline for a potential divestiture or if such a deal would convince the Department of Justice (DOJ) to sign off on it, according to Bloomberg.
UnitedHealth declined to comment to the outlet, and Change Healthcare could not be reached for comment at the time of...
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