February 01, 2015 12:14 AM ET

Health Care Technology

Company Overview of Emdeon Inc.

Company Overview

Emdeon Inc., through its subsidiaries, provides revenue and payment cycle management and clinical information exchange solutions that connect payers, providers, and patients in the United States healthcare system. Its product and service offerings integrate and automate business and administrative functions for healthcare payers and healthcare providers throughout the patient encounter, including pre-care patient eligibility and benefits verification and enrollment, clinical information exchange, claims management and adjudication, payment integrity, payment distribution, payment posting, and denial management and patient billing and payment processing. The company operates through four segm...

3055 Lebanon Pike

Suite 1000

Nashville, TN 37214

United States

Founded in 2006

4,000 Employees

Phone:

615-932-3000

Key Executives for Emdeon Inc.

Chief Executive Officer
Age: 53
Chief Financial Officer and Principal Accounting Officer
Age: 54
Executive Vice President
Age: 49
Executive Vice President of Payer Services
Age: 49
Executive Vice President of Provider Services
Age: 51
Compensation as of Fiscal Year 2014.

Emdeon Inc. Key Developments

Emdeon Inc. Announces Proposed Increase in Term Loan

Emdeon Inc. announced its intention to increase its outstanding term loan borrowings by up to $160 million for general corporate purposes, including acquisitions. Emdeon anticipates the transaction will be completed in December 2014. However, there can be no assurance that Emdeon will be able to complete this transaction, which remains subject to market and other customary conditions.

Emdeon Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Impairment of Long-Lived Assets

Emdeon Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, revenue was $341,608,000 against $317,810,000 a year ago. This increase in revenue was primarily due to business growth, including the Capario acquisition, partially offset by a one-time reduction of revenue. Operating income was $30,102,000 against $19,815,000 a year ago. Loss before income tax provision (benefit) was $8,509,000 against $16,139,000 a year ago. Net loss was $13,002,000 against $16,265,000 a year ago. This improvement in net loss was primarily due to business growth. EBITDA was $76,574,000 against $68,042,000 a year ago. Adjusted EBITDA was $94,052,000 against $85,248,000 a year ago. The 10.3% increase in Adjusted EBITDA over the prior year period and expansion of Adjusted EBITDA margin to 27.5% for the quarter was largely due to revenue growth and continued productivity improvements throughout its business. For the nine months, revenue was $996,973,000 against $922,452,000 a year ago. Operating income was $9,830,000 against operating loss of $54,094,000 a year ago. Loss before income tax provision (benefit) was $119,249,000 against $84,410,000 a year ago. Net loss was $75,516,000 against $57,988,000 a year ago. Net cash provided by operating activities was $108,410,000 against $110,036,000 a year ago. Purchases of property and equipment were $37,673,000 against $52,806,000 a year ago. EBITDA was $132,033,000 against $169,923,000 a year ago. Adjusted EBITDA was $262,685,000 against $238,440,000 a year ago. For the quarter, the company reported impairment of long-lived assets of $3,114,000 against $25,000 a year ago.

Emdeon Inc. Announces the Resignation of T. Ulrich Brechb hl as Executive Vice President - Provider Solutions

On September 19, 2014, T. Ulrich Brechb hl resigned from his position as Executive Vice President - Provider Solutions of Emdeon Inc. effective November 4, 2014.

Similar Private Companies By Industry

Company Name Region
WebOps, LLC United States
DoctorBase, Inc. United States
Personique.com United States
Care Cam Innovations, LLC United States
Personal Health Labs, LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 11, 2014
AdminiSource Communications, Inc.
Merger/Acquisition
November 19, 2014
Change Healthcare Corporation
Merger/Acquisition
June 23, 2014
Capario, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Emdeon Inc., please visit www.emdeon.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.