Payments and revenue-cycle-management firm Emdeon is contemplating an initial public offering, according to a report in financial publication The Street. If completed, the offering would return the firm to the public markets; it had most recently gone public in August 2009, before being bought out by private-equity giant Blackstone Group nearly two years later in a $3 billion deal.
The firm has been aggressive as of late. In December, it announced an effort to increase its outstanding term loan borrowings up to $160 million “for general corporate purposes, including acquisitions.”
Acquisitions had been a theme for the firm in 2014. In December, it acquired payments platform AdminiSource Communications for $35 million from corporate parent Alegeus Technologies. That followed a late November acquisition of price transparency tool provide Change Healthcare, in a deal potentially worth $185 million.
The Nashville-based firm's third acquisition, in June, was for cloud-based revenue cycle management firm Capario, for $115 million in cash.
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