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McKesson's Change Healthcare files for a $100 million IPO

March 15, 2019
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Change Healthcare, which provides healthcare revenue and payment cycle management software, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Nashville, TN-based company was founded in 2005 and booked $3.3 billion in sales for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol CHNG. Barclays, Goldman Sachs and J.P. Morgan are the joint bookrunners on the deal. No pricing terms were disclosed.