Predict your next investment

Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Healthcare Software
changehealthcare.com

See what CB Insights has to offer

Founded Year

1998

Stage

Acq - Pending | Acquired

Total Raised

$5.5M

Valuation

$0000 

Revenue

$0000 

About Change Healthcare

Change Healthcare (NASDAQ: CHNG), a rebrand of Emdeon, provides software and analytics, network solutions, and technology-enabled services that optimize communications, payments, and insights designed to enable smarter healthcare. By leveraging its Intelligent Healthcare Network, which includes the single largest financial and administrative network in the United States healthcare system, payers, providers and pharmacies are able to increase revenue, improve efficiency, reduce costs, increase cash flow, and more effectively manage complex workflows.

Change Healthcare Headquarter Location

3055 Lebanon Pike Suite 1000

Nashville, Tennessee, 37214,

United States

Latest Change Healthcare News

UnitedHealth Rises to Record on Profit Beat, Bullish Outlook

Oct 14, 2021

8:21 PM IST, 14 Oct 2021 8:18 PM IST, 14 Oct 2021 8:21 PM IST, 14 Oct 2021 Save (Bloomberg) -- UnitedHealth Group Inc. expects the drag from Covid-19 to diminish in 2022 and said the surge of delta variant cases during the summer didn’t change its view of how Covid would affect its results this year. (Bloomberg) -- UnitedHealth Group Inc. expects the drag from Covid-19 to diminish in 2022 and said the surge of delta variant cases during the summer didn’t change its view of how Covid would affect its results this year. The more bullish outlook, plus a third-quarter profit that beat Wall Street estimates, sent shares up as much as 7.4% to $433.50, an intraday record. The stock was up 5.6% at 10:45 a.m. in New York. UnitedHealth is the first big health insurer to report results and is closely watched as a bellwether for the sector. Covid hospitalizations in the period were three times higher than in the second quarter, and double the level of the 2020 third quarter, the company said. But costs from Covid in the quarter were offset by patients deferring other care, a pattern insurers have observed throughout the pandemic, executives said. “There has been a consistent, fairly rapid reaction when Covid cases go up nationally, in terms of the preference of patients whether or not to seek elective care,” UnitedHealth Chief Financial Officer John Rex said. Chief Executive Officer Andrew Witty was absent from the call after having urgent treatment for a kidney stone last night. The company said the straightforward procedure went well and he’s expected back in days. Outlook Raised UnitedHealth said its pending deal to acquire Change Healthcare Inc., a health-care payments and technology business, is now expected to close in the “first part” of 2022. The companies had previously said the transaction would close this year. The company said adjusted per-share earnings for 2021 would be in the range of $18.65 to $18.90. Its previous forecast was $18.30 to $18.80. UnitedHealth affirmed its long-term earnings growth outlook of 13% to 16% annually and said it would detail its outlook for 2022 at an investor conference at the end of November. UnitedHealth also fielded a question about its risk adjustment payments from Medicare, compensation for taking care of sicker patients that’s gotten increasing attention from authorities. “Risk adjustment levels the playing field and ensures that there’s no disincentives to care for the most vulnerable,” said Tim Noel, CEO of the company’s Medicare unit. “We really feel that it’s an an essential part of encouraging the right incentives in the program and think that it’s something to build on,” he said. He said that private Medicare Advantage plans offer greater coverage, improved access and outcomes, with high patient satisfaction. UnitedHealth executives also noted the effect of tighter labor markets, both in the company’s own hiring and contract negotiations with hospitals. “The U.S. health-care market is very tight right now,” said Wyatt Decker, CEO of the company’s OptumHealth care delivery unit. “I won’t kid you, it’s tight and we’re keeping a close eye on it throughout all our operations.” He noted that the company has already brought on board 8,000 of the 10,000 physicians it intends to hire this year. “It’s not just clinicians, it’s all workers,” added Dirk McMahon, chief operating officer of UnitedHealth Group. Detailed Results UnitedHealth reported adjusted earnings of $4.52 a share, compared with $4.39 in the average of analyst estimates compiled by Bloomberg. UnitedHealth’s medical-loss ratio, which shows the percentage of premium revenue paid out in claims, was 83.0% Revenue at Optum, the company’s health-services business, increased by 13.9% compared with a year ago, and operating earnings were up by 18.5%. Operating earnings in the insurance division reflected new membership, reduced effects of Covid-19 and cost management, the company said. ©2021 Bloomberg L.P.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Change Healthcare

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Change Healthcare in 2 CB Insights research briefs, most recently on Mar 3, 2021.

Expert Collections containing Change Healthcare

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Change Healthcare is included in 6 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

H

HLTH

199 items

HLTH is a healthcare event bringing together startups and large companies from pharma, health insurance, business intelligence, and more to discuss the shifting landscape of healthcare

P

Pharma Supply Chain

1,258 items

V

Value-Based Care & Population Health

646 items

The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.

C

Conference Exhibitors

5,302 items

D

Digital Health

11,220 items

Companies leveraging digital technology for healthcare, consumer health, clinical research, and life science (e.g. biopharma, medtech) applications.

Change Healthcare Patents

Change Healthcare has filed 48 patents.

The 3 most popular patent topics include:

  • Health informatics
  • Electronic health records
  • Diagrams
patents chart

Application Date

Grant Date

Title

Related Topics

Status

8/22/2014

9/21/2021

Payment systems, Data management, Banking technology, Health informatics, Information technology management

Grant

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

8/22/2014

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Grant Date

9/21/2021

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Title

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Related Topics

Payment systems, Data management, Banking technology, Health informatics, Information technology management

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Grant

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Change Healthcare Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Change Healthcare Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.