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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Experian plc    EXPN   GB00B19NLV48

EXPERIAN PLC

(EXPN)
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Experian plc Acquisition of MyHealthDirect

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08/08/2019 | 06:16am EST

TIDMEXPN

RNS Number : 4060I

Experian plc

08 August 2019

news release

Acquisition of MyHealthDirect

8 August 2019 - Experian, the global information services company, is pleased to announce that it has acquired MyHealthDirect, Inc., a US business specialising in digital coordination capabilities for healthcare.

MyHealthDirect, a supplier to Experian since 2017, provides tools to make it easier for people to access and pay for their healthcare. The company's SaaS-based digital care coordination platform helps simplify and automate the appointment, scheduling and payment process for healthcare providers and for patients. It brings greater convenience to patients, enabling them to self-register their own appointments via their smartphone and help them to proactively manage their care.

The acquisition will complement Experian's existing strengths in the financial and administrative segment (revenue cycle management) of US healthcare. It represents another step in our strategy to use the power of data to transform the healthcare sector, offering patients increased control, simplicity and transparency.

MyHealthDirect will form part of our health activities and will be reported within North America Decisioning.

Contact:

Experian

Nadia Ridout-Jamieson Investors +44 (0)20 3042 4215

Gerry Tschopp Media +1 714 830 7756

Finsbury

Rollo Head +44 (0)20 7251 3801

Jenny Davey

About Experian

Experian is the world's leading global information services company. During life's big moments - from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.

We have 17,200 people operating across 44 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.

Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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Stocks mentioned in the article
ChangeLast1st jan.
EXPERIAN PLC 0.55% 2765 Delayed Quote.7.76%
FTSE 100 INDEX 0.28% 7234.11 End-of-day quote.0.00%
HUB CO., LTD. 0.00%End-of-day quote.0.00%
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Financials (USD)
Sales 2020 5 188 M
EBIT 2020 1 395 M
Net income 2020 846 M
Debt 2020 3 743 M
Yield 2020 1,35%
P/E ratio 2020 38,5x
P/E ratio 2021 33,9x
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EV / Sales2021 6,34x
Capitalization 32 155 M
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Number of Analysts 18
Average target price 34,20  $
Last Close Price 35,76  $
Spread / Highest target 19,9%
Spread / Average Target -4,36%
Spread / Lowest Target -23,7%
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Brian Jude Cassin Chief Executive Officer & Executive Director
Michael John Rogers Chairman
Kerry L. Williams Chief Operating Officer & Director
Lloyd Mark Pitchford Chief Financial Officer & Director
Barry J. Libenson Chief Information Officer
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