- Sector
- Healthcare
- Industry
- Medical - Healthcare Information Services
- Address
- DE United States of America
- IPO Date
- Jun 27, 2019
- Business
- Change Healthcare Inc is a healthcare technology company specializing in data- and analytics-driven solutions that optimize clinical, financial, administrative, and patient engagement outcomes within the U.S. healthcare system. Its core offerings include software and analytics for revenue cycle management, payment accuracy, clinical decision support, value-based payment, consumer engagement, risk adjustment, quality performance, and imaging and clinical workflow; network solutions for financial, administrative, clinical, and pharmacy transactions including electronic payments and clinical information exchange; and technology-enabled services such as payment automation, healthcare consulting, pharmacy benefits administration, and communication solutions. The company serves providers, payers, pharmacies, and consumers across the United States and internationally with headquarters in Nashville, Tennessee. Founded in 2007, it has expanded through multiple acquisitions including Altegra Health, Admin Source Communications, and Capario, broadening its portfolio and technological capabilities. Most recently, Change Healthcare was acquired by UnitedHealth Group's Optum division in October 2022 in a $13 billion deal, integrating its technology platform to enhance the healthcare ecosystem. In early 2024, the company experienced a significant cybersecurity incident that disrupted its operations but has since restored its main claims clearinghouses and pharmacy networks while launching new ePrescribing services. Change Healthcare continues to innovate through strategic partnerships such as with Luma Health to improve patient engagement and communication systems in healthcare delivery. It operates primarily in the healthcare IT services industry, focusing on accelerating the transformation to value-based, consumer-centric care.