Quick Take
HMS Holdings (HMSY) announced it has agreed to acquire the Accent unit from Intrado for about $155 million.
Accent operates as a healthcare payments accuracy and cost containment company.
HMSY is acquiring Accent to bolster its offerings and add complementary customers and markets, but its stock price may not have a positive catalyst.
Target Company & Market
Omaha, Nebraska-based Accent was founded to provide payment accuracy solutions within the overall healthcare payments market.
The firm's primary offerings include claims recovery accuracy solutions.
According to a market research report by Future Market