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Optum Cov Change Healthcare Form

Optum Cov Change Healthcare Form

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hello i'm john moore founder of chillmark research and i'm here to talk a little bit about the recent announcement by optum that they plan to acquire change healthcare for 8 billion plus the assumption of five billion dollars of debt for a total price of 13 billion dollars that is a very big [Music] acquisition but change is actually the result of the combination of and what was formerly known as mdeon and mckesson's health i.t assets particularly mckesson's house and mdion had its own clearing house and between the two they basically i think they manage like 14 billion transactions a year through that clearing house they are basically via the clearing house reach out to every single provider and health system in the country their reach is expansive and extensive that's not to say that they go out into the nitty-gritty of clinical data and everything else but you know this is a clearinghouse and it's been primarily edi transactions so it's fairly simplistic but it is a connection and t

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