Emdeon health care payment co to buy consultancy

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The consulting firm's focus is on helping clients use technology to reach their business goals.</p> <p>"By moving directly into the professional services arena, Emdeon will be able to further expand its position as a strategic partner to our customers and, importantly, support the growth of our existing business," Emdeon CEO George Lazenby said in a statement.</p> <p>Emdeon said it will pay $8.5 million in cash and $2.5 million in restricted common stock up front. Over the next three years, it could pay as much as $14 million more based on the acquired company's performance.</p> <p>Emdeon stock fell 15 cents, or 0.9 percent, to $16.49 in extended trading, after the results and the acquisition were announced. 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