Chicago-based TransUnion Healthcare has acquired eScan Data Systems of Austin, Texas, a company that develops software to help hospitals and health care systems find and reduce uncompensated care costs.
EScan, founded in 2002, has 55 employees in its Austin, Texas office. Milton Silva-Craig, president of TransUnion Healthcare, said the company likely will grow to an estimated 100 employees as it ramps up as part of TransUnion, with hirings expected in the areas account management, data analytics and engineering and software development.
Financial details of the acquisition and company revenue werent disclosed, but Silva-Craig expects eScan's revenue to double in the next three years. TransUnion Healthcare is a division of TransUnion Corp., a credit bureau and reporting firm handling financial information for more than 45,000 businesses worldwide.
TransUnion Healthcare began contracting with eScan just more than a year ago and began discussing the acquisition in early 2013. EScans technology will integrate with TransUnions ClearIQ platform that tracks patient information on demographics, insurance eligibility and benefits verification.