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 This material may not be published, broadcast, rewritten or redistributed.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.
PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion 
Wreck of the Edmund Fitzgerald Still Resonates 50 Years Later 
Progressive’s $950M in Florida Regurgitation to Mostly Be Credits in Renewals 
Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth 
