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Asahi Kasei unit Zoll Medical acquires Payor Logic

Medical devices manufacturer Zoll Medical Corp. said Jan. 9 that it acquired Payor Logic Inc., a software solutions provider to the healthcare sector.

Zoll Medical, a U.S.-based subsidiary of Japan's Asahi Kasei Corp., did not disclose the financial terms of the deal.

The two companies have been partners since 2015, providing billing-efficiency services to customers.

Payor Logic specializes in accounts receivable software solutions and caters to emergency physicians, durable medical equipment providers, hospitals and laboratories.