NCI Signs Agreement to Acquire AdvanceMed

Published on Fri, 02/25/2011 - 11:25
By FNNO Staff in General Interest, NCIT, acquisition, AdvanceMed, agreement, fraud, health care, NCI Inc, stock, Waste, Mergers & Acquisitions
NCI Inc, Agreement, Stock, AdvanceMed, Health Care, Fraud, Waste, acquisition

NCI, Inc. (NCIT) today announced that it has entered into a definitive agreement to purchase all of the stock of CSC affiliate AdvanceMed, a provider of health care program integrity services focused on the detection and prevention of fraud, waste and abuse in healthcare programs. The company has stated that additional financial and acquisition information will be disclosed upon transaction closing, which is expected to occur on or about April 2. Shares are up 0.70% to $21.47.

By FNNO Staff
fnnonline@gmail.com

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