Health benefits provider WellPoint of Indianapolis has agreed to acquire American Imaging Management (AIM) of Deerfield, IL, a radiology benefit management and technology company.
WellPoint will pay approximately $300 million in cash to acquire Imaging Management Holdings, the holding company parent of AIM, which is IMH's sole business. The acquisition is expected to close in the third quarter.
WellPoint is the largest health benefits company, in terms of commercial membership, in the U.S. AIM has a national client base of health plans and currently provides management services to more than 20 million health plan members.
By AuntMinnie.com staff writers
July 10, 2007
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