Conduent Inc. sells Casualty Claims Solutions business to MedRisk for $240M, expected to close in Q3 2024.
Conduent Inc. announces $240M cash deal to sell Casualty Claims Solutions business to managed care org MedRisk. The deal includes Conduent's workers' compensation and auto casualty bill review solutions, medical bill processing, and Strataware bill review software products. Expected to close in Q3 2024, employees transfer to MedRisk while Conduent continues providing mailroom services to existing clients.
May 03, 2024
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