FISERV INC acquires CareGain, Inc.

FISERV INC acquired CareGain, Inc., a transaction completed in 2006, structured as Acquisition completed in 2006; financial terms not disclosed..

CareGain, Inc. operates in Health Plan Management, is based in United States. CareGain provides technology and service solutions for administering consumer-directed health plans, including health reimbursement accounts (HRAs), health savings accounts (HSAs) and flexible spending accounts (FSAs). Fiserv acquired CareGain in 2006, expanding its health plan management offerings beyond traditional health plan administration.

Extended Fiserv's health plan management services into the growing consumer-directed healthcare market, adding administration of HRAs, HSAs and flexible spending accounts.

Advisory firms were not disclosed for this transaction.

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