Report: TriZetto Sale Could Net $3 Billion | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Report: TriZetto Sale Could Net $3 Billion

August 20, 2014
by Gabriel Perna
| Reprints

TriZetto Corp., the Englewood, Colo.-based care management, administration, and billing software vendor, could be the latest major healthcare IT company to be sold, a Reuters report indicates.

The report says that TriZetto's owner, private equity group, Apax Partner, is seeking a buyer for the company. The equity firm is looking for $3 billion including debt, according to the report from Reuters.

Apax bought TriZetto in 2008 for $1.4 billion. Since, the company has kept a steady presence on Healthcare Informatics' top 100 health IT companies, coming in at 16th this year.

The report comes a few weeks after Cerner bought Siemens' health IT division for $1.3 billion.  Rumors that Siemens wanted to sell its division was reported by Reuters, a few weeks before the transaction happened.

Read the source article at

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More



KLAS Research: Small Hospitals’ Buying Decisions Impacting EMR Market Share

A new KLAS Research report tracks shifts in electronic medical record (EMR) vendor market share among acute care hospitals, and finds that smaller hospitals are seeking technology solutions that meet their needs and limited budgets, and these contracts are making a mark on the EMR market.

Survey: Majority of Providers Predict Success for New Generic Drug Company, Project Rx

Back in January, four health systems, in consultation with the VA, announced a collaboration to develop a new, not-for-profit generic drug company. A survey has found that 90 percent of providers say they would become customers of the new venture.

Personalized Medicine Awareness Low Among U.S. Adults, Survey Finds

Genetics and personalized medicine are not top of mind for the general public in the U.S., according to a recent survey from GenomeWeb and the Personalized Medicine Coalition.

Industry Organizations Praise Senate Passage of VA Mission Act

The U.S. Senate on Wednesday passed, by a vote of 92-5, a major Veterans Affairs (VA) reform bill that includes health IT-related provisions to improve health data exchange between VA healthcare providers and community care providers.

NIH Issues Funding Announcement for All of Us Genomic Research Program

The National Institutes of Health’s (NIH) “All of Us” Research Program has issued a funding announcement for genome centers to generate genotype and whole genome sequence data from participants’ biosamples.

MGMA: Physician Compensation Data Illustrates Nationwide PCP Shortage

Primary care physicians’ compensation rose by more than 10 percent over the past five years, representing an increase which is nearly double that of specialty physicians’ compensation over the same period, according to the Medical Group Management Association (MGMA).