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Announced

TPG Capital to acquire ClaimsXten from UnitedHealth-backed Change Healthcare for $2.2bn.

Synopsis

TPG Capital, a private equity firm, agreed to acquire ClaimsXten, a claims editing business of UnitedHealth-backed Change Healthcare, a healthcare technology provider, for $2.2bn. The company believes that its merger with UnitedHealth Group will advance its ability to create products and services that improve the delivery of health care and reduce the high costs and inefficiencies of the health system, which the Company will share broadly with patients, providers, and payers.

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