New Jersey-based insurance data specialist Verisk Analytics Inc. is acquiring Health Risk Partners for $60 million in cash.
Verisk said $13 million of the purchase price will be placed in escrow and should be paid in 2012. It expects the deal to add to its profit in 2011.
Health Risk Partners makes systems that analyze Medicare data to make sure companies are complying with government rules, assists in payment, and helps collect and submit data.
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Head of EEOC Urges White Men to Report Discrimination 
UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges 
Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft 
Three Top P/C Insurers Account for Most of Insurance AI Patents 
