Change Healthcare Acquires eRx Network
May 4, 2020
Change Healthcare has exercised its option and acquired 100% of eRx Network for $212.9 million plus cash, with eRx generating approximately $67 million of revenue for the twelve months ended February 29, 2020. The acquisition expands Change Healthcare's pharmacy-focused technology and data capabilities, enabling tighter integration of pharmacy interactions with claims, billing and payment data to drive improved outcomes and new product opportunities.
- Buyers
- Change Healthcare
- Targets
- eRx Network
- Industry
- Healthcare Services
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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