04 Jan Metavante acquires health-care payments firm
Milwaukee — Metavante Corporation has made another acquisition, this time of health-care payments firm AdminiSource Corp. of Carrollton, Texas.
AdminiSource, which will continue to operate under its own name, offers printed and electronic distribution services for health-care payments and remittance. It’s the third acquisition Metavante has made in health-care payments. First was Printing for Systems, an identification cards printer, in 2003. Then MBI Benefits, a provider of benefits cards and electronic payment services, in 2005.
Metavante is the financial technology subsidiary of Marshall & Ilsley Corporation.