Verscend picks up General Dynamics IT commercial health products

Health care analytics company Verscend said Monday it has acquired a portfolio of commercial health insurance payer products from General Dynamics’ IT services business.

Verscend is the former health services business of Verisk Analytics and was acquired by private equity firm Veritas Capital in June 2016 for $820 million. The Waltham, Massachusetts-based business subsequently rebranded to Verscend two months later.

With this latest transaction, Verscend is taking in a collection of products used in efforts to combat health care fraud, waste and abuse. Verscend sought to strengthen its payer quality analytics and reporting tools.

Health insurers, providers, employers, brokers, government and academic institutions are among the customers of those products. They are used in payment integrity, risk adjustment, quality improvement and population health functions.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at rwilkers@washingtontechnology.com. Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.