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application software
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Synopsis
National Australia Bank-backed HICAPS, an electronic health claims system, agreed to acquire Lantern Claims, a developer of web and mobile programs, from InLoop, an investment holding company. Financial terms were not disclosed. “The healthcare sector is already one of the country’s largest providers of employment, and the fifth largest contributor to Australia’s GDP. Australian healthcare payment systems have been cumbersome – resulting in disjointed payment experiences for patients and complexity for healthcare providers," Andrew Irvine, NAB Group Executive for Business and Private Bank.
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