TPG Capital has completed its acquisition of ClaimsXten, Change Healthcare’s claims editing business, from UnitedHealth for $2.2 billion, according to news reports.
The sale of ClaimsXten follows UnitedHealth’s acquisition of Change Healthcare. This transaction was placed on hold after the U.S. Department of Justice sued to stop it. Last month, a federal judge ruled UnitedHealth’s acquisition could proceed.
TPG Capital, headquartered in Fort Worth, Texas and San Francisco, targets investments in middle-market companies in healthcare and a number of other industries.