TransUnion Healthcare agreed to acquire Healthcare Payment Specialists, a company focused on helping providers identify and recover Medicare reimbursements.
Here are four quick facts.
1. HPS focuses on Medicare payment issues including bad debt and disproportionate share.
2. The acquisition is expected to close in the second quarter of 2018.
3. TransUnion Healthcare helps more than 1,500 hospitals and health systems reduce uncompensated care. To date, it has protected more than $3 billion in net revenue and cash for its clients.
4. TransUnion also agreed to acquire iovation, a device-based information provider, to strengthen its fraud and identity management solutions.