Wednesday, August 29, 2007

Firstsource buys MedAssist for $330 mn

Firstsource Solutions has entered into an agreement to acquire MedAssist Holding, a leading provider of revenue cycle management in the healthcare industry in the US.

According to a release issued by Firstsource to the BSE today, the acquisition is valued at $330 million, and is subject to the regulatory approval under the US HSR Act (Hart - Scott - Rodino Anti Trust Improvements Act of 1976).

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