McKesson Corp. and Change Healthcare Holdings Inc. (CHC) have completed their agreement to build a new health care information technology company titled Change Healthcare.
“Over the last several years, our industry has experienced a continued shift toward value-based care, requiring an increasingly consumer-centered approach to healthcare,” Neil de Crescenzo, chief executive officer of Change Healthcare, said in a statement. “Change Healthcare will be distinctly positioned to leverage its data, analytics and forward-thinking insights to bring new innovative solutions to payers, providers and consumers as they strive to achieve the best healthcare outcomes as efficiently as possible in this new environment.”
The new company combines almost all of CHC’s business, which includes software and analytics, as well as technology-enabled services, with the majority of McKesson Technology Solutions. Change Healthcare will now deliver a wide range of financial, operational and clinical benefits to payers, providers and consumers.
“We are thrilled to have completed this combination of two great organizations. Our nearly 15,000 team members will be working with our collective customers and partners to provide a stronger, increasingly collaborative and more efficient healthcare system that enables better healthcare outcomes,” de Crescenzo said. “I’m confident that Change Healthcare’s expertise and comprehensive offering of solutions will not only deliver near- and long-term value for our customers and partners, but also help drive the journey toward improved lives and healthier communities.”
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