AET - Conduent To Acquire Health Solutions Plus For Payer Software
Quick Take
Conduent (CNDT) announced it has agreed to acquire Health Solutions Plus for an undisclosed amount.
Health Solutions Plus provides healthcare payer administration software.
CNDT is acquiring HSP for its capabilities relative to expected continued growth trajectory in Medicaid managed care processing spending and processing.
Target Company
Melville, New York-based HSP was founded in 1996 to develop software solutions that provide both flexibility and automation to support medical, dental, vision and specialty health benefits and claims administration.
Management is headed by Founder, President and CEO John Buser, who was previously CIO