Aetna Divests HIE Company It Bought For $500 Million (Becker's Hospital Review)

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[By Morgan Haefner]

Aetna is selling its health information exchange vendor Medicity to Health Catalyst, according to a HIStalk post.

Aetna confirmed the transaction with Becker’s Hospital Review.

An Aetna representative didn’t disclose the price of the transaction. Aetna acquired Medicity for $500 million in 2011.

“Based on the evolution of Aetna’s consumer health strategy, we have agreed to divest Medicity to Health Catalyst. The transaction is expected to close within 90 days. We are not disclosing… View Full Article Here

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