.
MergerLinks Header Logo

New Deal


Announced

Centene to acquire Apixio.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

artificial intelligence analytics

Majority

technology solutions

Domestic

Single Bidder

United States

Private

Friendly

Software

Acquisition

Pending

Synopsis

Edit

Centene, a multinational healthcare enterprise, agreed to acquire Apixio, a healthcare analytics company offering artificial intelligence technology solutions. Financial terms were not disclosed. The transaction is subject to regulatory approvals and is expected to close by the end of 2020. "Centene is committed to accelerating innovation, modernization and digitization across the enterprise and solidify its position as a technology company focused on healthcare. Apixio's capabilities are closely aligned with our plans to digitize the administration of healthcare and to leverage comprehensive data to help improve the lives of our members. Apixio's technology will complement existing data analytics products including Interpreta, creating a differentiated platform to broaden support for value-based healthcare payment and delivery with actionable intelligence," Michael F. Neidorff, Centene Chairman, President and Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US