Emdeon, a leading provider of revenue and payment cycle management services for the healthcare industry, has acquired GE Healthcare Information Technology’s patient statement business, a bulk printing and mailing services provider.

This GE business serves more than 400 hospitals and physician groups with statements, invoices, claims, and appointment reminders for patients. The acquisition is viewed as strengthening Emdeon’s position as a preferred vendor partner for GE Healthcare’s IT business, giving GE customers access to Emdeon’s suite of integrated print and electronic billing services, return mail management, e-cashiering, lockbox services, and other patient communications.