Summary
- Conduent has agreed to acquire Health Solutions Plus for an undisclosed sum.
- HSP has developed well-regarded healthcare payer administration software.
- Over the medium term, CNDT stands to gain a stronger offering in the growing Medicaid Managed Care market.
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Quick Take
Conduent (CNDT) announced it has agreed to acquire Health Solutions Plus for an undisclosed amount.
Health Solutions Plus provides healthcare payer administration software.
CNDT is acquiring HSP for its capabilities relative to expected continuedgrowth trajectory in Medicaid managed care processing spending and processing.
