HealthEdge’s acquisition of Burgess follows the acquisition of a majority stake in HealthEdge by funds managed by Blackstone (“Blackstone”) in April 2020.

Next-Generation Payor Technology Companies

HealthEdge provides mission-critical next-generation Core Administrative Processing Systems solutions to healthcare payors, enabling them to administer benefits, configure plans, manage providers, and enroll participants seamlessly and efficiently. The company’s products offer a modern, simple user interface, greater flexibility, and a cloud-compliant solution well suited to the increasingly complex and data-rich healthcare environment.

Burgess operates at the intersection of healthcare, finance, and technology, helping leading national, regional, and local health insurers set a new standard of Payment Accountability®. Its platform enables payors with Medicare, Medicaid, and Commercial lines of business to have better relationships with providers, reduce waste, and improve their financial performance. Burgess’ product, Burgess Source®, is the first solution to natively bring together claim payment automation with business intelligence and enables a unified approach to ensure payment accuracy.

TripleTree, LLC served as financial advisor and Debevoise & Plimpton LLP was legal advisor to HealthEdge and Blackstone. Seabrook Partners, LLC served as financial advisor and Vedder Price was legal advisor to Burgess. Terms of the transaction were not disclosed.


About HealthEdge
HealthEdge provides modern, disruptive healthcare IT solutions that health insurers use to leverage new business models, improve outcomes, drastically reduce administrative costs, and connect everyone in the healthcare delivery cycle. Its next-generation enterprise solution suite, HealthRules, is built on modern, patented technology and is delivered to customers via the HealthEdge Cloud or onsite deployment. An award-winning company, HealthEdge empowers health insurers to capitalize on the innovations, challenges and opportunities that await in the new healthcare economy. For more information, visit www.healthedge.com.


About The Burgess Group
Burgess operates at the intersection of healthcare, finance, and technology. The company helps leading American health insurers and ACOs set a new standard: Payment Accountability. The company’s cloud-based platform, Burgess Source, is the only solution that natively brings together up-to-date regulatory data, claims pricing and editing, and real-time analytics tools. This unified approach allows clients to make payments with total confidence and make business decisions with real intelligence. The company is headquartered in Alexandria, VA, with an office in West Hartford, CT, and online at www.burgessgroup.com.

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