Information services provider Thomson Reuters, US, has announced that it has acquired Healthcare Data Management, Inc. Effective immediately, the company will become part of the Healthcare & Science business of Thomson Reuters. Financial terms of the transaction were not disclosed.
The acquisition of Healthcare Data Management will enhance current efforts to remove healthcare waste, make cost and quality more transparent, and support the current and future compliance needs of the payer market. Additionally, the acquisition strengthens Thomson Reuters audit and payment integrity capabilities including, but not limited to medical, prescription drug, provider, eligibility, and plan design.
Healthcare Data Management was a pioneer in the establishment of modeling employee health benefit plans and using data-driven metrics to monitor plan performance. The company is currently one of the leading independent resources for maximising the value and accountability of self-insured health benefit plans that are managed by plan administrators and pharmacy benefit managers.
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