Emdeon explores sale of business, practice services units

Emdeon, parent company of Emdeon Practice Services and Emdeon Business Services, may sell or spin off the units.

The Elmwood Park, NJ, company said that it had received inquiries from third parties interesting in acquiring the units, and as a result the company's board of directors has authorized commencing a process to evaluate strategic alternatives relating to these businesses to maximize stockholder value.

Emdeon's ViPS business unit will not be included in this process and will be retained, the company said.

By AuntMinnie.com staff writers
February 17, 2006

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