General Dynamics, Verscend Conclude Deal on Sale of Health IT Products

TYSONS CORNER, VA, March 6, 2018 — General Dynamics (NYSE: GD) has sold its payer-focused healthcare information technology assets to Verscend Technologies as the latter aims to expand its healthcare payment integrity, analytics and reporting product portfolio, GovCon Wire reported Monday.

Verscend said Friday the completed acquisition aims to build on technology capabilities for efforts to counter fraud, waste and abuse in commercial health insurance.

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