“Verscend Technologies, Inc. (Verscend), a leader in data-driven healthcare solutions, has entered into a definitive agreement to acquire the commercial health insurance payer-focused products business from General Dynamics Information Technology. With this acquisition, Verscend will have one of healthcare’s most robust solutions for tackling healthcare fraud, waste, and abuse (FWA), a primary driver of U.S. healthcare costs; experts estimate that one out of every three healthcare dollars is wasted. The acquisition will also strengthen Verscend’s payer quality analytics and reporting solutions.” Read the full news release here.
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CNBC: Verscend to Acquire Commercial Health Insurance Payer Products from General Dynamics Information Technology
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Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.
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