Cardinal Health sells majority stake in bundled payment startup it acquired three years ago

Cardinal Health Inc. has sold to a private equity firm a majority stake in a health IT startup it acquired three years ago, saying it wants to rapidly accelerate the promising division's growth. The Nashville-based NaviHealth division had drawn praise from Cardinal CEO Mike Kaufmann for "strong demand and execution" in a March call with analysts. Its software helps hospitals save money by better tracking and coordinating care of patients after they're discharged and sets data-based "bundl ed payments"…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news