Health Care Service buys MEDecision

Health Care Service of Chicago has completed its acquisition of healthcare IT developer MEDecision of Wayne, PA, for $7 per share in cash.

MEDecision now becomes a wholly owned subsidiary of Health Care Service.

HealthCare Service is the fourth-largest U.S. health insurer, with 12.4 million members in its Blue Cross and Blue Shield plans in Illinois, New Mexico, Oklahoma, and Texas.

Related Reading

MEDecision reports mixed Q1 results, April 24, 2008

MEDecision unveils Alineo, January 22, 2008

MEDecision launches Collaborative Health upgrade, December 28, 2007

MEDecision announces Q3 financials, October 25, 2007


MEDecision president/COO resigns, August 15, 2007

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