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Experian acquires Medical Present Value for $185m

Experian has acquired a provider of revenue cycle management software, data and analytics- Medical Present Value (MPV) for $185m.

MPV offers a suite of patient and payer management solutions that help physician practices and hospitals improve collections, minimize denied claims and accelerate reimbursement.

MPV through a combination of technology and consultative services assists providers in maintaining profitability by automating and streamlining critical revenue cycle, management software, data and analytics functions.

Experian will be able to optimize payments from all revenue sources (including patients, commercial payers and government programs) to both hospitals and physician practices, as part of its acquisition of MPV.

Experian Healthcare Services president Dan Johnson said with the addition of MPV, Experian is able to provide a more set of products and services across the healthcare payments life cycle and help clients manage multiple vendors through a single point of contact.

MPV CEO Tom Stampiglia said they will be leveraging the capabilities of both organizations to help healthcare providers optimize their financial health.