Blackstone Completes Acquisition of HealthEdge Software, a Leading Healthcare Technology Solutions Provider

Blackstone (NYSE:BX) announced Thursday that funds managed by Blackstone (“Blackstone”) have completed their previously announced acquisition of a majority stake in HealthEdge Software (“HealthEdge”), a leading healthcare technology company that delivers next generation Core Administrative Processing Systems (CAPS) solutions to customers across the healthcare ecosystem. HealthEdge provides mission-critical CAPS solutions to healthcare payors, enabling them to seamlessly and efficiently administer benefits, configure plans, manage providers and enroll participants. Their products offer a modern, simple user interface, greater flexibility, and a cloud-compliant solution well suited to the increasingly complex and data-rich healthcare environment.

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Source: https://www.businesswire.com/news/home/20200409005682/en/Blackstone-Completes-Acquisition-HealthEdge-Software-Leading-Healthcare

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