Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
eScan Data Systems, Inc.
Sale to TransUnion Healthcare
Baird served as exclusive financial advisor to eScan Data Systems
eScan Data Systems, Inc. (“eScan” or the “Company”) was recently acquired by TransUnion Healthcare. Terms of the transaction were not disclosed.
eScan works with healthcare providers to reduce uncompensated care costs by identifying patient coverage at the time of or after healthcare services are provided. The Company licenses its software and services to more than 700 hospital and physician group partners in over 40 states. Since the Company’s inception in 2002, eScan has discovered and converted nearly 1 million uncompensated care accounts to Medicaid, Medicare and Commercial payers representing several billion dollars in charges. The eScan proprietary error-correcting eligibility search engine operates behind all other existing hospital processes to deliver payments to clients. The Company is headquartered in Austin, Texas.
TransUnion Healthcare, a wholly owned subsidiary of credit and information management company TransUnion, empowers providers with Intelligence in an Instant® data and analytics at the point of need. TransUnion Healthcare offers a series of data solutions designed to provide greater ease of use, accuracy and transparency in the revenue cycle process thereby assisting providers in lowering their uncompensated care. TransUnion Healthcare is headquartered in Chicago, Illinois. TransUnion is a portfolio company of Advent International and GS Partners.