Wolters Kluwer (Amsterdam) has completed the acquisition of NDCHealth Information Management business (Atlanta, GA) for $382 million in cash.Wolters Kluwer Wolters Kluwer N.V. (Euronext: WKL) is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. (Amsterdam) has completed the acquisition of NDCHealth Information Management business (Atlanta, GA) for $382 million in cash. The price represents a multiple of 2.3x the IM group's anticipated 2005 revenues, and 10.6x its adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become . NDCHealth IM is a provider of pharmaceutical data and business intelligence products. The remainder of NDCHealth was acquired by Per-Se Technologies (Alpharetta, GA). Wolters Kluwer has also acquired ProVation Medical, Inc. (Minneapolis, MN), a private company that provides medical documentation, coding and workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. solutions to hospitals and ambulatory Movable; revocable; subject to change; capable of alteration. An ambulatory court was the former name of the Court of King's Bench in England. It would convene wherever the king who presided over it could be found, moving its location as the king moved. centers in the U.S. No terms were given. |
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