Lumeris Acquires NaviNet for Undisclosed Sum
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c35167e-3e91-4e06-b023-c58b77491ed2&Preview=1 -
Date
3/16/2012 -
Company Name
NaviNet -
Mailing Address
179 Lincoln Street Boston, MA 02111 -
Company Description
NaviNet was founded in 1998 on the basis that America’s healthcare industry can be made more inclusive, transparent and cost-effective by connecting providers, health plans and industry partners in real-time. -
Website
http://www.navinet.net -
Transaction Type
M&A -
Transaction Amount
Undisclosed -
Transaction Round
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Proceeds Purposes
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M&A Terms
NaviNet has been acquired by a consortium that includes Lumeris Corp. and three Blues: Highmark, Horizon Blue Cross Blue Shield of New Jersey and Independence Blue Cross. Financial terms of the transaction were not disclosed by the parties.
