Aetna To Acquire Medicity For $500 Million

Posted Dec 9, 2010

Aetna Inc. (NYSE:AET) is acquiring Medicity for $500 million. Medicity is a health information exchange vendor company. Medicity has grown substantially over the past few years and has the largest installed based of enterprise health information exchange systems. Medicity technology is installed in over 760 hospitals and reaches about 125,000 physicians. There are about 250,000 end users using Medicity. [InformationWeek]