11 Jan Fiserv buys health-plans company
Fiserv Inc., a public financial services company in Milwaukee, bought a New Jersey company that administers health-savings accounts and flexible spending plans.
With about 28% percent of its revenue coming from health-plan administration, Fiserv sees its purchase of CareGain as a strategic one. CareGain will become a unit of Fiserv Health. An active participant in Milwaukee’s merger-and-acquisition scene, Fiserv bought up eight companies last year, some in health planning and some in other financial services.
Milwaukee Journal-Sentinel: Fiserv buys New Jersey technology company
Business Journal of Milwaukee: Fiserv Health unit grows with acquisition