Lumeris Acquires NaviNet for Undisclosed Sum

  • Feed Type
  • 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
  • Proceeds Purposes
  • 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.

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