Quick Take
Change Healthcare (CHNG) has filed to raise $750 million in an IPO of its common stock, per an amended registration statement.
The company provides a wide range of healthcare IT services to healthcare organizations of all size.
CHNG’s revenue contracted in FYE 2019 and the firm will have a heavy debt load after the IPO, so I won't be participating in this IPO.
Company & Technology
Nashville, Tennessee-based Change Healthcare was founded in 1986 to improve clinical, financial and patient engagement outcomes in the U.S. healthcare system through data and