Experian: Announces Acquisition of Medical Present Value

Posted by Joachim Bartels | Jun 29, 2011 | Credit Scoring & Decision System, Experian, Payment Systems - Health Care Market, United States | 0 |

Experian, is pleased to announce that it has signed a definitive agreement to acquire Medical Present Value, Inc. (MPV), a leading provider of data, analytics and software in the US healthcare payments market. The purchase price is US$185m which will be funded from Experian’s existing cash resources. The transaction is subject to customary US regulatory approval.

Founded in 1998, MPV is a leading provider of data and software to over 75,000 US physicians. Its products are used by healthcare providers to manage payments between patients, commercial payers (such as insurance companies) and government programmes. MPV’s products help to establish patients’ eligibility for insurance or financial assistance, settle patient out-of-pocket expenses at the point of service and improve collections.

Source: Experian Press Release

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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