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Cognizant to buy Bolder Healthcare by Q2 this year
Cognizant has agreed to acquire Bolder Healthcare Solutions, a privately-held provider of revenue cycle management (RCM) solutions to hospitals, physician practices and other specialist healthcare organisations in the US.
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The transaction is expected to close in the second quarter of 2018, subject to satisfaction of the closing conditions, including regulatory reviews. Financial details were not disclosed. Louisville, Kentucky-based Bolder Healthcare Solutions is one of the fastest growing RCM companies, serving many of the largest US health systems.
Bolder Healthcare Solutions will enable Cognizant to expand its range of digital solutions across the healthcare value chain and address the large provider segment of the US healthcare market. “Digital RCM services and solutions remove complexity and allow providers to streamline their operations,” said Kaushik Bhaumik, EVP and Global Head of Healthcare at Cognizant.
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