Sale to Emdeon Inc.

Healthcare
Sale to Emdeon Inc.

Summary

Baird served as the exclusive financial advisor to Chamberlin Edmonds & Associates, Inc.

About

Chamberlin Edmonds & Associates, Inc. (“Chamberlin Edmonds” or the “Company”), a portfolio company of Charterhouse Group, Inc., Highlander Partners, L.P. and MTS Health Investors, recently completed its sale to Emdeon Inc. (“Emdeon”). Emdeon acquired Chamberlin Edmonds for $260 million in cash.

Chamberlin Edmonds, located in Atlanta, serves as patient advocates and provides custom-tailored eligibility services to hospitals nationwide. Chamberlin Edmonds comprehensive services examine a wide spectrum of uninsured and underinsured patients, including inpatient, outpatient and emergency department cases. The advanced technology of its proprietary web-based system is built on the experience and expertise of some of the most qualified eligibility and enrollment professionals in the industry – its people. Chamberlin Edmonds has more than 24 years of experience in eligibility services, with eight regional offices in the U.S.

Emdeon, located in Nashville, is a leading provider of revenue and payment cycle management solutions, connecting payers, providers and patients in the U.S. healthcare system. Emdeon's product and service offerings integrate and automate key business and administrative functions of its payer and provider customers throughout the patient encounter. Through the use of Emdeon's comprehensive suite of products and services, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle process.

The revenue cycle management space, which covers hospitals, physicians, payers and consumers as well as information technology and outsourcing services participants, is an area of particular focus and expertise for Baird. This transaction will be Baird’s 11th in the revenue cycle management space since 2007.

For additional information about this transaction, please contact:

Bill Suddath 404.264.2222
Les Cheek 617.426.5789
Chad Moore, CFA 312.609.5475
Healthcare
Sale to Emdeon Inc.
Date
October 2010
Company
Chamberlin Edmonds & Associates, Inc.
Transaction
M&A
Sectors
Healthcare
Target Location
North America
Acquiror Location
North America

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