Interactive Payer Network Acquired by Emdeon
Scott-Macon's Healthcare Group provides acquisition services to technology service providers.July 2016
Scott-Macon’s Healthcare Industry Group served as the exclusive financial advisor to Interactive Payer Network in the acquisition.
Interactive Payer Network announced their acquisition by Emdeon Business Services, a division of Emdeon Corporation. As the nation’s leading provider of technology and business process solutions, Emdeon Business Services enhances the healthcare revenue cycle and reduces payer and provider administrative expenses.
About Interactive Payer Network
IPN was a leading technology service provider that served as an outsourcing partner for HIPAA-compliant healthcare electronic data interchange (EDI). IPN’s technology and people will continue to enhance Emdeon’s services for the automated routing of claims to PPOs for repricing and the subsequent distribution of claims to payers for adjudication and payment and further its goal of providing the most comprehensive suite of services to their payer, PPO and provider customers.
About Scott-Macon’s Healthcare Group and M&A Services
Scott-Macon proudly serves companies including domestic and international privately-held businesses, mutual and not-for-profit organizations, publicly traded companies and private equity firms. Led by Nathan D. Cortright, Scott-Macon’s Healthcare, Medical & Pharmaceutical Group professionals have completed over 170 mergers, acquisitions, and financing transactions with an aggregate value in excess of $5 billion.
Utilizing experience in both domestic and international advisory, Scott-Macon’s professionals have assisted clients on the purchase or sale of companies, subsidiaries and business units in a broad range of industries. We assist clients in all stages of the sale or acquisition process and develop strategy, acquisition parameters and purchase constraints before the initiation of the program.