Change Healthcare Overview

  • Founded
  • 1986
Founded
  • Status
  • Public
  • Employees
  • 15,000
Employees
  • Stock Symbol
  • CHNG
Stock Symbol
  • Investments
  • 29
  • Share Price
  • $22.88
  • (As of Friday Closing)

Change Healthcare General Information

Description

Change Healthcare is a spin-off 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

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
Stock Exchange
NAS
Primary Office
  • 100 Airpark Center Drive East
  • Nashville, TN 37217
  • United States
+1 (877) 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
$22.88 $22.58 $9.76 - $24.21 $7.01B 307M 2.64M -$1.95

Change Healthcare Financials Summary

In Thousands,
USD
TTM 31-Dec-2020 FY 2020 31-Mar-2020 FY 2019 31-Mar-2019 FY 2018 31-Mar-2018
EV 10,645,082 3,051,455
Revenue 2,432,053 196,792 0 0
EBITDA (469,778) (1,043,361) (70,607) (58,666)
Net Income (966,001) (947,597) (52,012) 60,955
Total Assets 10,147,812 10,107,380 1,298,823 1,374,004
Total Debt 4,929,449 4,989,073 0 0
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 spin-off of various healthcare processing and consulting services acquired by McKesson over numer
Enterprise Systems (Healthcare)
Nashville, TN
15,000 As of 2020
00000
00 0000-00-00
000000&0 00000

0000000

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00000000 0000000000 (0000000000)
Arlington, VA
0000 As of 0000
00000
000000000 00000

0000

inim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis
0000000000 0000000 (0000000000)
Columbus, OH
00 As of 0000
000.00
000000 - 000 000.00
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Change Healthcare Competitors (25)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Evolent Health Formerly VC-backed Arlington, VA 0000 00000 000000000 00000
0000 Venture Capital-Backed Columbus, OH 00 000.00 000000 - 000 000.00
00000000 Private Equity-Backed Salt Lake City, UT 000 000.00 000000000 - 000.00
000000000000 Private Equity-Backed Watertown, MA 0000 000.00 000000000 000.00
00000000 Formerly PE-Backed Plano, TX 000 0000 000000&0 0000
You’re viewing 5 of 25 competitors. Get the full list »

Change Healthcare Executive Team (62)

Name Title Board Seat Contact Info
Neil de Crescenzo President, Chief Executive Officer & Board Member
August Calhoun Executive Vice President & President
Roderick O'Reilly Executive Vice President & President
Kriten Joshi Ph.D Executive Vice President & President, Network Solutions
Thomas Laur Executive Vice President & President, Technology Enabled Services
You’re viewing 5 of 62 executive team members. Get the full list »

Change Healthcare Board Members (17)

Name Representing Role Since
00000 00000 Self Board Member 000 0000
00000 00000000 Self Board Member 000 0000
000000 00000 Self Chairman & Board Member 000 0000
0000 00 000000000 Change Healthcare President, Chief Executive Officer & Board Member 000 0000
0000 00000000 Self Board Member 000 0000
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Change Healthcare Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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 Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Change Healthcare Investments & Acquisitions (29)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000000 0000000 26-Aug-2020 0000000000 Buildings and Property 000000 0000000000
0000000.00 18-Aug-2020 000000000000000000 000.00 Other Healthcare Technology Systems 00000 00000
000 (00000) 01-Jun-2020 000000000000000000 00000 Business/Productivity Software 0000 00 000000000
000 0000000 04-May-2020 0000000000 00000 Enterprise Systems (Healthcare) 0000 00 000000000
Connect America (Patient Access Services) 03-Sep-2019 Buyout/LBO Other Healthcare Services
You’re viewing 5 of 29 investments and acquisitions. Get the full list »

Change Healthcare Subsidiaries (6)

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
000 (00000) Business/Productivity Software Fort Worth, TX 0000
You’re viewing 5 of 6 subsidiaries. Get the full list »

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 »