Experian To Buy Medical Billing Co. For $185M

Law360, New York (June 28, 2011, 12:22 PM EDT) -- Credit reporting and data services company Experian PLC said Tuesday it would buy medical billing management firm Medical Present Value Inc. from several venture capital firms and other investors for $185 million, expanding its reach in the health care industry.

The Dublin-based Experian currently provides services that manage payments from patients to hospitals, in addition to its other credit, data and marketing offerings. Experian said picking up MPV and the 75,000 U.S. physicians it serves would allow the company to handle payments from a wider swath...
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