Verisk Analytics to Buy MediConnect Global

Posted by Joachim Bartels | Mar 26, 2012 | Analytics, Healthcare Information Services, Ownership Changes of Information Companies, United States, Verisk | 0 |

Insurance data specialist Verisk Analytics Inc. said Friday that it is buying medical record company MediConnect Global Inc. for $348.6 million, boosting Verisk Analytics’ presence in the business of analyzing health records.

The deal is expected to close this month, although it is still subject to approval by MediConnect Global’s shareholders and by regulators.

Verisk Analytics makes data analysis systems for the insurance industry, which can detect fraud and control risk. The company said that buying MediConnect will help it perform similar functions for the medical industry, where more records are being stored electronically.

Source: CBSNEWS.com

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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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