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TransUnion acquires Auditz

Jun. 16, 2016 7:00 AM ETTransUnion (TRU) StockTRUBy: Niloofer Shaikh, SA News Editor
  • TransUnion (NYSE:TRU) has acquired Auditz LLC, a healthcare services organization that uses sophisticated proprietary technology to help healthcare providers identify and recover payments.
  • TransUnion will broaden its product line to offer Auditz' innovative Transfer DRG (diagnosis related groups) solution. Auditz has also developed innovative search algorithms and a broad network of payer connectivity that will help providers find insurance benefit information to boost care reimbursement, complementing TransUnion's eScan product.
  • "Auditz brings great new capabilities to our healthcare business that will benefit our customers and further enhance our competitive strength and market value proposition," said Gerry McCarthy, president of TransUnion Healthcare. "Together, we can offer even more powerful solutions to help healthcare providers identify and recover payments."
  • TransUnion's industry leading revenue cycle management solutions have discovered $7.8B in uncompensated care charges, which has resulted in more than $1 billion in reimbursement to its clients. Combining the solutions of TransUnion and Auditz will yield additional recoveries for both companies' customers.
  • Press Release

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