Acquisition-hungry Emdeon kicking the IPO tires

Payments and revenue-cycle-management firm Emdeon is contemplating an initial public offering, according to a report in financial publication The Street. If completed, the offering would return the firm to the public markets; it had most recently gone public in August 2009, before being bought out by private-equity giant Blackstone Group nearly ...

Payments and revenue-cycle-management firm Emdeon is contemplating an initial public offering, according to a report in financial publication The Street. If completed, the offering would return the firm to the public markets; it had most recently gone public in August 2009, before being bought out by private-equity giant Blackstone Group nearly two years later in a $3 billion deal. 

The firm has been aggressive as of late. In December, it announced an effort to increase its outstanding term loan borrowings up to $160 million “for general corporate purposes, including acquisitions.” 

Acquisitions had been a theme for the firm in 2014. In December, it acquired payments platform AdminiSource Communications for $35 million from corporate parent Alegeus Technologies. That followed a late November acquisition of price transparency tool provide Change Healthcare, in a deal potentially worth $185 million. 

The Nashville-based firm's third acquisition, in June, was for cloud-based revenue cycle management firm Capario, for $115 million in cash. 

Source: www.modernhealthcare.com