The transaction was signed …
William Blair is acting as exclusive financial advisor to Bolder Healthcare Solutions (“BHS”), a portfolio company of Edgewater Funds and JZ Partners, in connection with its pending sale to Cognizant Technology Solutions (NASDAQ:CTSH). You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Factors that could cause actual results to differ materially from those expressed or implied include general economic conditions, changes in the regulatory environment, including with respect to immigration and taxes, and the other factors discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.
Bolder Healthcare Solutions will enable Cognizant to expand its range of digital solutions across the healthcare value chain and address the large provider segment of the U.S. healthcare market.The following errors must be corrected:At Cognizant, we promise to treat your data with respect and will not share your information with any third party. You will receive an email which you must reply to in order to confirm your subscription. India Business News: New Delhi, Apr 19 IT firm Cognizant today said it has completed the acquisition of Bolder Healthcare Solutions, a provider of revenue cycle managem
This deal will expand their healthcare consulting, IT and business process services into a wider range of hospitals, hospital outpatient departments, physician practices, and other specialty care providers. Their RCM offerings will further expand Cognizant’s leading healthcare consulting, IT and business process services into more hospitals, hospital outpatient departments, physician practices, and other specialty care providers. Financial terms of the deal were not disclosed. "Cognizant is already a force in the digital solutions world and recently earned recognition by KLAS adaptability, an important metric for providers of solutions for an industry marked by ever-changing regulations, shifting payment models and varying health plans. "Bolder Healthcare Solutions' impressive capabilities, processes and experts provide the specialized RCM approach care providers need to enhance their financial performance, ensure regulatory compliance and increase focus on quality of patient care. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements.
Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. CHENNAI: Cognizant Technology Solutions (CTS) on Monday announced that it will acquire Bolder Healthcare Solutions to grow its revenue cycle management (RCM) services for healthcare … Fast-Growing Company is a Leader in Helping Hospitals, Physicians and Specialists Digitally Manage Billing Practices for Improved Efficiency, Profitability and Patient ExperiencesThis press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Louisville, Kentucky-based Bolder Healthcare Solutions is one of the fastest growing RCM companies, serving many of the largest U.S. health systems. Cognizant previously provided RCM solutions.
Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Wednesday, March 14, 2018 . The acquisition of Bolder Healthcare Solutions will expand Cognizant's range of digital healthcare solutions, enabling it to better address the large provider segment of the U.S. healthcare market as hospitals and practices struggle with cuts to reimbursement and tight operating margins, doubling the need to optimize revenue cycle operations for maximum collections. As a result, Cognizant will offer a wider range of business services across the healthcare value chain, according to a Cognizant spokesperson. "The addition of Bolder Healthcare Solutions to the Cognizant portfolio enables us to offer more services to a broader range of healthcare providers and equip them with a digital foundation for outcome-based models and greater efficiency," said Kaushik Bhaumik, executive vice president and global head of healthcare at Cognizant.