Emdeon IPO - Business Intelligence and Payment Solutions
It has been quite a while in healthcare since we have seen any IPOs or public offerings, but Emdeon announced their offerings today. The company is located in Tennessee and has a multitude of services they offer either directly or through channel connected partners and on the website they state they have around 600 partners.
We see a couple familiar names, such as Goldman Sachs on the list handling the account. As well as providers and payers, they also offer business intelligence and reporting information to pharmacies to help find weak links and assist in maximizing the investment dollar.
NASHVILLE, Tenn., July 28 /PRNewswire/ — Emdeon Inc. (the “Company”) today announced the launch of its initial public offering in the United States of 21,450,000 shares of its Class A common stock. Of the shares being offered, 10,725,000 are being offered by the Company and 10,725,000 are being offered by selling stockholders. The initial public offering price is expected to be between $13.50 and $15.50 per share of Class A common stock.
Morgan Stanley, Goldman, Sachs & Co., UBS Investment Bank and Barclays Capital will act as book- running managers of the offering.
http://emdeon.mediaroom.com/index.php?s=43&item=45
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