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Emdeon Names Frank J. Manzella Senior Vice President of Corporate Development

Healthcare Executive with Extensive Strategic and Transactional Experience Joins Senior Management Team

PRNewswire
NASHVILLE, Tenn.

NASHVILLE, Tenn., Oct. 6 /PRNewswire/ -- Emdeon, a leading provider of revenue and payment cycle management solutions for the healthcare industry, announced today that Frank J. Manzella recently joined the company as Senior Vice President of Corporate Development.

Mr. Manzella is a seasoned corporate development professional with over 14 years experience executing strategic and financial transactions in the healthcare industry. Most recently, he served as Director of Corporate Development and Finance for Aptuit LLC, a global provider of pharmaceutical and drug development services, where he led the sourcing, evaluation and execution of acquisitions, financings and strategic alliances. Previously, he was a Managing Director and Partner of Asante Partners LLC, an investment banking boutique providing sophisticated strategic advisory services across all healthcare sectors. His background also includes responsibilities in global healthcare investment banking at JP Morgan Chase, complex financings at GE Capital and projecting reimbursement and regulatory trends at a leading healthcare advisory firm.

At Emdeon, Mr. Manzella will lead the company's acquisition and other corporate development initiatives to extend and enhance its portfolio of market leading revenue and payment cycle products.

"We are delighted with Frank's decision to join Emdeon. His background in healthcare and prior experience will be a significant addition to the senior team," says George Lazenby, Chief Executive Officer, Emdeon. "Frank will be a key leader in formalizing and institutionalizing our review of market opportunities to help us simplify the business of healthcare."

Mr. Manzella is equally enthusiastic about his new role stating, "Emdeon has an impressive track record of meeting and exceeding the needs of healthcare payers and providers. I look forward to helping to build upon this foundation and deliver additional value-added solutions that benefit the industry."

Mr. Manzella earned a BA, a Juris Doctor and a Master of Business Administration from Georgetown University.

About Emdeon

Emdeon is a leading provider of revenue and payment cycle solutions that connect payers, providers and patients to integrate and automate key business and administrative functions throughout the patient encounter. Through the use of Emdeon's comprehensive suite of products and services, its customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle process. Emdeon is owned by General Atlantic LLC and Hellman & Friedman LLC. For more information, visit http://www.emdeon.com/ .

SOURCE: Emdeon

CONTACT: Tommy Lewis of Emdeon, +1-615-565-2158, tommy.lewis@emdeon.com

Web site: http://www.emdeon.com/


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