HLTH divests ViPS unit

AuntMinnie.com staff writers
Jul 22, 2008

Healthcare information technology firm HLTH of Elmwood Park, NJ, has completed the sale of its ViPS segment to General Dynamics Information Technology of Falls Church, VA, for $225 million in cash.

ViPS provides healthcare data management, analytics, decision support, and process automation products and services to government, Blue Cross/Blue Shield, and commercial healthcare payors.

HLTH owns 84% of WebMD Health, a provider of health information services for consumers, physicians, healthcare professionals, employers, and health plans.

Related Reading

HLTH to sell ViPS subsidiary, June 4, 2008

ViPS and MHQP to partner on physician data project, June 21, 2007

WebMD notches positive Q2, changes name, August 5, 2005

VitalWorks, WebMD settle, ink agreement, July 20, 2001

Copyright © 2008 AuntMinnie.com

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