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General Atlantic and Hellman & Friedman Purchase HLTH Corporation's Remaining Interest in Emdeon
Date:2/11/2008

Tracy Bahl Joins Board of Directors as Chairman

NASHVILLE, Tenn., Feb. 11 /PRNewswire-FirstCall/ -- Emdeon Business Services (Emdeon) announced today that General Atlantic LLC (General Atlantic) and affiliates of Hellman & Friedman LLC completed the purchase of all remaining interests in Emdeon held by HLTH Corporation (Nasdaq: HLTH). General Atlantic purchased a 52% interest in Emdeon from HLTH in November 2006.

Emdeon also announced that Tracy L. Bahl, formerly Chief Executive Officer of Uniprise, a multi-billion dollar UnitedHealth Group company, has joined Emdeon's board of directors as Chairman. Mr. Bahl will work closely with Emdeon's board of directors and leadership team to pursue its strategic growth objectives.

Emdeon CEO George Lazenby commented, "We are extremely pleased that General Atlantic continues to show strong support for our business and the broader revenue cycle and claims administration marketplace. We are also pleased to welcome Hellman & Friedman as a partner alongside General Atlantic given the firms' collective experience in information services and healthcare. The opportunities ahead for Emdeon remain significant, and with these firms working with us as strong capital partners and strategic advisors, we are well positioned to continue to serve our clients with the highest-quality products and services."

General Atlantic managing director, Jonathan Korngold, commented, "We are very excited about this next phase in Emdeon's development and are looking forward to working with the Company to build upon its leadership position as a provider of intelligent revenue cycle management and communications solutions for the healthcare industry."

Mr. Lazenby added, "We are also very excited to have Tracy join Emdeon as Chairman as his experience and skill set complement the strengths of our existing team. His involvement will be a tremendous asset to us as we continue to focus on driving innovation aro
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SOURCE Emdeon Business Services
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