Change Healthcare Overview

  • Status

  • Public

  • Employees

  • 14,000

Employees
  • Investments

  • 30

  • Share Price

  • $27.49

  • (As of Friday Closing)

Change Healthcare General Information

Description

Change Healthcare is a spinoff of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.

Contact Information

Website
www.changehealthcare.com
Formerly Known As
Emdeon, Emdeon Inc.
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Enterprise Systems (Healthcare)
Other Industries
Other Healthcare Technology Systems
Former Stock Listing
CHNG
Primary Office
  • 3055 Lebanon Pike
  • Suite 1000
  • Nashville, TN 37214
  • United States
+1 (615) 000-0000

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Change Healthcare Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$27.49 $27.42 $18.97 - $27.59 $9B 328M 5.47M -$0.24

Change Healthcare Financials Summary

In Thousands,
USD 		TTM 30-Jun-2022 FY 2022 31-Mar-2022 FY 2021 31-Mar-2021 FY 2020 31-Mar-2020
EV 11,632,624 11,374,039 11,566,414 3,051,455
Revenue 3,497,429 3,480,815 3,090,421 196,792
EBITDA 794,715 813,560 690,218 (1,043,361)
Net Income (76,954) (57,390) (112,210) (947,597)
Total Assets 9,636,981 9,932,495 10,112,616 10,107,380
Total Debt 4,559,862 4,664,105 4,868,118 4,989,073
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Change Healthcare Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Change Healthcare Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Change Healthcare is a spinoff of various healthcare processing and consulting services acquired by McKesson over numero
Enterprise Systems (Healthcare)
Nashville, TN
14,000 As of 2022
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00000 0000000000 000
South Jordan, UT
0000 As of 0000
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00000000 00000

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0000000000 0000000 (
Jacksonville, FL
0000 As of 0000
00000
0.000 0000-00-00
00000000000 00000
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Change Healthcare Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Health Catalyst Formerly VC-backed South Jordan, UT 0000 00000 00000000 00000
00000000 Private Equity-Backed Jacksonville, FL 0000 00000 00000000000 00000
0000000 000000 Private Equity-Backed Louisville, KY 0000 00.000 000000000 00.000
0000000000 0000000 Formerly VC-backed Chicago, IL 0000 00000 00000000 00000
000000000000 Private Equity-Backed Watertown, MA 0000 00.000 000000000 00.000
You’re viewing 5 of 17 competitors. Get the full list »

Change Healthcare Patents

  • 365

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 108

    Granted

  • 24

    Pending

  • 000

    Expiring in next 12 mo

Change Healthcare Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202207460-D0 System and methods for classifying magnetic resonance imaging (mri) image characteristics Pending 18-Mar-2022
GB-202207453-D0 Preemptive image data caching based on geolocation Pending 07-Feb-2022
GB-202207455-D0 Systems and methods for deploying software applications using application catalogs Pending 16-Sep-2021 00000000
GB-202207445-D0 Systems and methods for providing medical studies Pending 01-Sep-2021
US-20230036480-A1 Efficient streaming for client-side medical rendering applications based on user interactions Pending 22-Jul-2021
To view Change Healthcare’s complete patent history, request access »

Change Healthcare Executive Team (63)

Name Title Board Seat Contact Info
Neil de Crescenzo President, Chief Executive Officer & Board Member
August Calhoun Executive Vice President and President, Sales and Operations
Kriten Joshi Ph.D Executive Vice President & President, Network Solutions
Tracy Byers Senior Vice President & General Manager (Enterprise Imaging)
Paul Rareshide Chief Accounting Officer, Accounting & Controller, Finance
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Change Healthcare Board Members (17)

Name Representing Role Since
00000 00000 Self Board Member 000 0000
00000 00000000 Self Board Member 000 0000
0000 00 000000000 Change Healthcare President, Chief Executive Officer & Board Member 000 0000
0000 00000000 Self Board Member 000 0000
You’re viewing 4 of 17 board members. Get the full list »

Change Healthcare Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Change Healthcare Investments & Acquisitions (30)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 16-Jun-2021 0000 00000 00.000 Enterprise Systems (Healthcare)
0000000000 00 26-Aug-2020 0000000000 Enterprise Systems (Healthcare) 000000 00
0000000.00 18-Aug-2020 0000000000 000.00 Other Healthcare Technology Systems 00000 000
000 (00000) 01-Jun-2020 0000000000 00000 Enterprise Systems (Healthcare) 0000 00 0
eRx Network 01-May-2020 Buyout/LBO 00000 Enterprise Systems (Healthcare) 0000 00 0
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Change Healthcare Subsidiaries (5)

Company Name Industry Location Founded
National Decision Support Company Medical Records Systems Madison, WI 2012
00000000 Enterprise Systems (Healthcare) San Mateo, CA 0000
0000000.00 Other Healthcare Technology Systems San Diego, CA 0000
000 0000000 Enterprise Systems (Healthcare) Fort Worth, TX 0000
0000000000 0000000 Enterprise Systems (Healthcare) North Potomac, MD
To view Change Healthcare’s complete subsidiaries history, request access »

Change Healthcare ESG

Risk Overview

Risk Rating

Updated October, 04, 2022

18.68 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,638

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,074

Rank

00.00

Percentile

Enterprise and Infrastructure Software

Subindustry

00 of 448

Rank

00.00

Percentile

To view Change Healthcare’s complete esg history, request access »

Change Healthcare Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000000 04-May-2010 00000 00000 00 00.000 Completed
  • 000000 0000000000
Vips 11-Aug-2004 Buyout/LBO 00000 Completed
  • 2 buyers
To view Change Healthcare’s complete exits history, request access »