Fifth Third Acquires Big Data Healthcare
March 7, 2023
Fifth Third Bancorp has entered a definitive agreement to acquire Big Data Healthcare, a technology solutions provider that automates healthcare payments and remittance reconciliation. The deal, to be completed by an indirect wholly‑owned subsidiary of Fifth Third, is intended to add national healthcare revenue‑cycle and payments capabilities to Fifth Third’s treasury management and commercial banking offerings; financial terms were not disclosed.
- Buyers
- Fifth Third Bancorp, Fifth Third Bank, National Association (indirect wholly‑owned subsidiary)
- Targets
- Big Data Healthcare
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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