Thursday, March 18, 2010

Business briefs: Emdeon to acquire consulting company

Emdeon Inc. said that it has an agreement to acquire Healthcare Technology Management Services, an Indianapolis-based health care information technology consulting company.
The Nashville-based provider of health care payment and administrative systems will pay $11 million in cash and stock at the closing expected this month. Emdeon also could pay up to $14 million more in cash based on financial performance of the acquired business for three years after the closing.

Separately, Emdeon reported fourth-quarter net income of $4.7 million, or 3 cents per share, vs. $4.2 million, or 4 cents per share, a year earlier.


LifePoint board OKs stock repurchase

LifePoint Hospitals Inc. said its board has authorized the repurchase of up to $70 million of its stock on or before May 7.

The Brentwood-based hospital operator said that there's no guarantee as to the exact number of shares that would be repurchased or that there will be any repurchases at all.


Banks restore hefty salariesMoreira on Success: Be Flexible, Willing to Change and Never Stop Learning