Author: From CNBC

JP Morgan Buys Health-Care Payments Firm InstaMed in the Bank’s Biggest Acquisition Since the Financial Crisis

May 17, 2019

J.P. Morgan Chase is buying medical payments technology firm InstaMed to push more deeply into the $3.5 trillion market for U.S. health-care spending. The bank agreed on Friday to purchase the Philadelphia-based company of about 300 employees that processed $94 billion in transactions last year, according to the two companies. J.P. Morgan is paying more […]