Author: Nichols Martin|| Date Published: March 5, 2018
Verscend Technologies has acquired payer-focused healthcare information technology platforms of General Dynamics (NYSE: GD) for an undisclosed amount.
Waltham, Massachusetts-based Verscend said Friday it intends for the acquisition to grow the company’s portfolio of healthcare payment integrity, analytics and reporting products designed to help clients address healthcare fraud, waste and abuse.
“An estimated one out of every three healthcare dollars is wasted in this country, a truly remarkable statistic when you consider how much the United States spends on healthcare services,” said Verscend President and CEO Emad Rizk.
Rizk added he believes that data analytics technology can help organizations further understand the movement of cost, quality and utilization of healthcare services.
Verscend offers products that work to help government and commercial providers manage care quality, risks and outcomes.
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
BAE Systems has received a $117.7 million contract modification from the U.S. Navy to support depot-level modernization, maintenance and repair of USS…
Advanced wireless infrastructure is becoming as strategically important as artificial intelligence in modern defense operations 5G standalone enables network slicing,…
Verscend Technologies has acquired payer-focused healthcare information technology platforms of General Dynamics (NYSE: GD) for an undisclosed amount.
