FNFV Group To Acquire T-System For $200 Mln - Quick Facts

(RTTNews) - Fidelity National Financial, Inc. (FNF) announced that FNFV Group (FNFV) has signed a definitive agreement to acquire T-System Holdings for $200 million in cash. T-System is a provider of clinical documentation and coding solutions to hospital-based and free-standing emergency departments and urgent care facilities.

T-System has two segments. The Clinical Documentation segment offers software solutions providing clinical staff full workflow operations that drive documentation completeness and revenue optimization to more than 435 customers. The Coding Software & Outsourced Solutions segment provides a full-service outsourced coding solution as well as a cloud-based SaaS solution for self-service coding.