TransUnion acquires Austin health care software firm

Sep 25, 2013
Austin Business Journal

TransUnion Healthcare has acquired eScan Data Systems of Austin, which develops software to help hospitals and health care systems discover and reduce uncompensated care costs


Financial details of the acquisition and company revenue weren’t disclosed, but Milton Silva-Craig, president of TransUnion Healthcare, told Austin Business Journal he expects eScan's revenue to double in the next three years


EScan was founded in 2002 and has 55 employees in its Austin office. Silva-Craig said the company would likely grow to around 100 employees as it scales up as part of TransUnion, with hirings likely coming in the areas of engineering and software development, account management and data analytics


He said TransUnion began contracting with eScan just over a year ago and began discussing the acquisition at the beginning of 2013


TransUnion is making Austin its center for post-service eligibility determination. After the acquisition is completed, eScan will provide expertise to the company's reimbursement efforts to reduce costs from uncompensated care using automated systems to replace analog record-keeping practices, the company said in a statement


Chicago-based TransUnion Healthcare is a division of TransUnion Corp., which handles credit and financial information for more than 45,000 businesses worldwide


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