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eHealth Insider

eHealth and Information Services

eHEALTH, INFO SERVICES STOCKS RISE 2% IN 2 WEEKS
eHealth and information services stocks rose 3% in the two weeks ended Dec. 23, according to a tally of 24 issues tracked by EHI.

TRIZETTO COMPLETES ACQUISITION OF CAREKEY
Trizetto Group (Newport Beach, CA) has completed the acquisition of CareKey Inc. (Boston) for $60 million (EHI, November).

PER-SE TO INCREASE CASH PORTION OF NDCHEALTH DEAL
Per-Se Technologies (Alpharetta, GA), which is acquiring NDCHealth for $665 million in cash and stock, or $19.50 per share (EHI, August), will increase the cash portion of the deal to $14.05 per share and reduce the stock portion to $5.45.

RHIOs SEEK FUNDING FROM VARIOUS SOURCES
Regional Health Information Organizations (RHIOs) continue to seek funding from a wide variety of organizations, all with a stake in working together to improve the quality, safety and efficiency of healthcare delivery through sharing health information electronically, according to a soon-to-be released study from Corporate Research Group.

ZIX REDUCES DEBT; SHARES SOAR
Zix Corp. (Dallas) announced that it has completed the redemption of an additional $6.15 million principal amount of convertible notes due 2005 to 2008 and issued to Omicron Master Trust and Amulet Ltd.

ADAM SHARES SPIKE AFTER RAVE REVIEW
Shares in Adam Inc. (Atlanta) soared after a favorable write-up by online stock picking service The Motley Fool, which called the company a “tiny gem.”

EMDEON TO BUY 19.4% OF SHARES
Emdeon Corp. (Elmwood Park, NJ) announced it will purchase 66.9 million shares of its common stock—or 19.4% of the company’s outstanding shares—at $8.20 per share or $548.6 million as part of a tender offer announced last month (EHI, November).


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