UK's Experian buys U.S. healthcare data firm for $850million

British credit data provider Experian said it would buy U.S. healthcare data firm Passport Health Communications for $850 million, continuing its drive to expand internationally and invest in new products. Experian, best known for running consumer credit checks for banks, landlords and retailers, reported a 2 percent rise in first-half pretax profit to $573 million. Experian first entered the U.S. healthcare payments market five years ago and has steadily expanded its position through investment and acquisition. The purchase is subject to regulatory approval and will be funded from Experian's current bank facilities, it said.



via Health News Headlines - Yahoo! News http://news.yahoo.com/uks-experian-buys-u-healthcare-data-firm-850million-075028151--sector.html