News Headlines Article

NantHealth, Allscripts swap hundreds of millions of dollars
Los Angeles Business Journal

In a move that sets NantHealth up for an IPO by the end of the year, Allscripts (NASDAQ: MDRX) has purchased a 10 percent stake in the Culver City, California, healthcare IT company for $200 million in cash. In return, NantHealth founder Dr. Patrick Soon-Shiong has invested $100 million in the Chicago-based company through NantCapital.