Change Healthcare reports Q1 revenue decrease

By staff writers

August 6, 2020 -- Healthcare information systems vendor Change Healthcare reported financial results for its first quarter 2021.

The company's total revenue for the period (end-June 30) was $694.2 million. In March, the company acquired Change Healthcare, an entity previously held by McKesson; therefore, it did not compare its Q1 2021 financial results with the same period last year.

Its net loss was $58.7 million compared with $37.5 million for the same period in 2019, the company said.

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