I3 Verticals (IIIV) said Tuesday it has sold its Healthcare Revenue Cycle Management business, including related proprietary technology, to Infinx, for $96 million in an all-cash deal.
The company will be "completely streamlined" after the divestiture, focusing on the public sector business, Chairman and Chief Executive Officer Greg Daily said.
Price: 25.55, Change: +0.04, Percent Change: +0.16
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