The Foresight Corporation of Dublin, Ohio, a provider of business intelligence and transaction automation applications for healthcare markets, has announced that it has repurchased all its stock held by institutional investors, a transaction made possible by the company's accelerating revenue and profitability from its line of software products. Foresight offers a Transaction Insight Automation System, which enables healthcare organizations to monitor electronic transactions, enforce standards compliance and improve revenue cycles, among other tasks.
Companion Data Services, LLC of Columbia, S.C. has been awarded a six-year contract valued at more than $200 million from the Centers for Medicare & Medicaid Services for data center operations that support Medicare claims processing across the United States.
Minneapolis-based Lighthouse1, a vendor of consumer driven healthcare administration software solutions, has announced that the company experienced stronger-then-anticipated growth in 2006 in both the number of clients that administer CDH programs and the number of participants that manage CDH accounts via Lighthouse1 OnDemand.