“Verscend Technologies, Inc. (Verscend), a leader in data-driven healthcare solutions, has entered into a definitive agreement to acquire the commercial health insurance payer-focused products business from General Dynamics Information Technology. With this acquisition, Verscend will have one of healthcare’s most robust solutions for tackling healthcare fraud, waste, and abuse (FWA), a primary driver of U.S. healthcare costs; experts estimate that one out of every three healthcare dollars is wasted. The acquisition will also strengthen Verscend’s payer quality analytics and reporting solutions.” Read the full news release here.
CNBC: Verscend to Acquire Commercial Health Insurance Payer Products from General Dynamics Information Technology
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