ST. PETERSBURG, FL – Ingenix, a health information, technology and consulting company, said it will acquire CareMedic Services Inc., an industry leader in revenue cycle management solutions for hospitals and health systems, in a cash transaction.

Ingenix is a UnitedHealth Group (NYSE: UNH) company.

With the acquisition of CareMedic, Ingenix will offer solutions that address each major component of the hospital revenue cycle: patient registration, eligibility verification, financial clearance, coding and compliance, bill submission, denials management, and remittance processing.

CareMedic provides hospitals with an enterprise platform of enabling technologies and services that optimize revenue cycle efficiency and improve cash flow, margins and productivity.

Online: www.caremedic.com; www.ingenix.com

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