TransUnion Expands Healthcare Solutions with Agreement to Acquire Healthcare Payment Specialists
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: GlobeNewswire
CHICAGO, May 18, 2018 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) is boosting its healthcare solutions with the purchase of Healthcare Payment Specialists (HPS), a leader in helping healthcare providers optimize Medicare reimbursement. “TransUnion Healthcare’s leading Revenue Protection solutions leverage our extensive information assets and capabilities to help healthcare providers prevent revenue leakage and maximize reimbursements, aiding in their ability to prioritize patient health and well-being,” said Jim Peck, TransUnion’s president and chief executive officer. “HPS’s solutions are a great addition that will strengthen TransUnion Healthcare, consistent with our growth strategy of extending into attractive markets.” The acquisition of HPS will add innovative technology that helps healthcare providers identify and recover Medicare reimbursements that they otherwise would not have received. Medicare accounts for 20% of total healthcare expenditures in the U.S., and the market f
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