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Bank of America Acquires Healthcare Payment Company Axia Technologies


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Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.
Bank of America (NYSE:BAC) is becoming more heavily involved in the healthcare payment technology segment with its latest acquisition, that of privately held Axia Technologies. In its announcement of the deal Monday, the lender did not disclose the price it is paying for the new asset. ....

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