M&A
confidence high
sentiment positive
materiality 0.85
SS&C enters joint venture with Anthem and Humana to create cloud-based PBM platform DomaniRx
SS&C Technologies Holdings Inc
- SS&C holds 80.2% stake; total committed capital up to $925M from partners.
- Initial cash contributions of $138.3M plus license of RxNova claims platform.
- DomaniRx to develop cloud-native, API-driven claims adjudication platform targeting PBM market.
- Humana to be first customer; Anthem and Humana have exit rights under certain conditions.
- Joint venture named DomaniRx LLC; SS&C to perform development and management services.