Money Makers Mentor

Blackstone to Acquire HealthEdge, Healthcare IT Solutions Provider

Blackstone, on of the worlds leading investment firms announced today that funds managed by Blackstone will acquire a majority stake in HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses.

HealthEdge provides healthcare IT solutions that health insurers use to leverage new business models, lower administrative and healthcare costs, maximize revenues enabling pursuit of new business opportunities, and stay compliant with regulatory changes.

Core Administrative Processing Systems (CAPS) are a combination of software and services that U.S. healthcare payers use to:

Design and manage health benefitsEnroll, bill and service purchasers (groups and individuals)Process and pay claims s…

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