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Change Healthcare Inc. Stock Price

NasdaqGS:CHNG Community·US$9.0b Market Cap
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CHNG Share Price Performance

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Price US$0

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Snowflake Analysis

Good value with moderate growth potential.

1 Risk
2 Rewards

Change Healthcare Inc. Key Details

US$3.5b

Revenue

US$1.6b

Cost of Revenue

US$1.9b

Gross Profit

US$1.9b

Other Expenses

-US$77.0m

Earnings

Last Reported Earnings
Jun 30, 2022
Next Reporting Earnings
n/a
-0.23
53.06%
-2.20%
136.5%
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About CHNG

Founded
2016
Employees
14000
CEO
Neil de Crescenzo
WebsiteView website
www.changehealthcare.com

Change Healthcare Inc., an independent healthcare technology company, provides data and analytics-driven solutions to enhance clinical, financial, administrative, and patient engagement outcomes in the United States healthcare system. It operates through three segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. The Software and Analytics segment offers software and analytics solutions for revenue cycle management, provider network management, payment accuracy, clinical decision support, value-based payment, consumer engagement, risk adjustment and quality performance, and imaging and clinical workflow. The Network Solutions segment provides solutions for financial, administrative, and clinical and pharmacy transactions; connected consumer health; network; electronic payments; data; pharmacy; and aggregation and analytics of clinical and financial data. The Technology-Enabled Services segment offers solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration, and healthcare consulting. The company serves commercial insurers, private insurers, BlueCross Blue Shield plans, Medicare/Medicaid plans, provider-sponsored payers, third party administrators, emerging technology and data-driven health plans, and other specialty health benefits insurers, as well as hospitals and health systems, physician practices, dentists, pharmacies, skilled nursing facilities, home health agencies, telehealth providers, senior care facilities, laboratories, and other healthcare providers. Change Healthcare Inc. was incorporated in 2016 and is headquartered in Nashville, Tennessee.

Recent CHNG News & Updates

Seeking Alpha Oct 03

UnitedHealth completes acquisition of Change Healthcare

UnitedHealth (NYSE:UNH) completed its planned $8 billion purchase of Change Healthcare (NASDAQ:CHNG). UnitedHealth rose 1.1%. Change Healthcare shares were delisted following the completion of the deal, according to an 8-K filing. The deal close comes after a judge last month denied the  Dept. of Justice's attempt to block the combination. The DOJ sued to block the deal in late February on antitrust grounds. UnitedHealth agreed to originally purchase CHNG for $25.75/share in January 2021, though the price was changed to $27.75/share, which includes a $2/share dividend, when the merger agreement was extended in early April.
Seeking Alpha Sep 19

Change Healthcare jumps after judge denies DOJ request to block UnitedHealth deal

Change Healthcare (NASDAQ:CHNG) popped 3.6% in after hours trading after a judge denied the U.S. Dept. of Justice's request to block its sale to UnitedHealth (NYSE:UNH). The judge also ordered UnitedHealth (UNH) to divest its ClaimsXten business to TPG Capital as proposed, according a copy of the judgement viewed by Seeking Alpha. Developing story ...

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