$381.5 M

Change Healthcare Revenue Q3, 2016
Change Healthcare Gross profit (Q3, 2016)242.8 M
Change Healthcare Gross profit margin (Q3, 2016), %63.6%
Change Healthcare Net income (Q3, 2016)2.5 M
Change Healthcare EBIT (Q3, 2016)15.3 M
Change Healthcare Cash, 30-Sep-201692.4 M

Change Healthcare Funding

Summary Metrics

Founding Date

1986

Change Healthcare total Funding

$48 m

Change Healthcare latest funding size

$5 m

Time since last funding

5 years ago

Change Healthcare investors

Change Healthcare's latest funding round in July 2014 was reported to be $5 m. In total, Change Healthcare has raised $48 m

Change Healthcare Capital Raised

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Change Healthcare Income Statement

Annual

USDFY, 2015

Revenue

1.5b

Cost of goods sold

507.4m

Gross profit

969.7m

Gross profit Margin, %

66%

Depreciation and amortization

342.3m

EBIT

(7.7m)

EBIT margin, %

(1%)

Interest expense

168.3m

Pre tax profit

(170.4m)

Income tax expense

(74.3m)

Net Income

(96.1m)

Change Healthcare Balance Sheet

Annual

USDFY, 2013FY, 2015

Cash

76.5m66.7m

Current Assets

324.1m382.9m

PP&E

269.5m244.1m

Goodwill

1.5b2.2b

Total Assets

3.7b4.6b

Accounts Payable

8.4m28.0m

Short-term debt

31.3m32.8m

Current Liabilities

181.7m240.8m

Total Debt

31.3m32.8m

Additional Paid-in Capital

1.1b1.3b

Retained Earnings

(169.5m)(341.4m)

Total Equity

968.5m975.7m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

3.9 x4.7 x

Change Healthcare Cash Flow

Annual

USDFY, 2013FY, 2015

Net Income

(74.5m)(96.1m)

Depreciation and Amortization

183.8m342.3m

Accounts Receivable

(20.8m)5.1m

Accounts Payable

1.3m11.4m

Cash From Operating Activities

150.4m166.8m

Purchases of PP&E

71.1m(57.0m)

Cash From Investing Activities

(83.6m)(780.0m)

Cash From Financing Activities

(22.1m)597.5m

Interest Paid

140.8m146.5m

Income Taxes Paid

847.0k3.8m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016

Net Income

(58.0m)(3.0m)(62.5m)(75.5m)2.2m(30.7m)(15.5m)

Depreciation and Amortization

137.9m46.5m93.1m141.5m97.6m183.4m61.1m

Accounts Receivable

(15.6m)(950.0k)(25.6m)(12.7m)(1.4m)6.1m(35.0m)

Accounts Payable

685.0k(984.0k)1.2m644.0k6.3m10.5m2.7m

Cash From Operating Activities

110.0m26.7m33.8m108.4m123.6m152.3m12.2m

Purchases of PP&E

(52.8m)(14.5m)(26.0m)(37.7m)(24.7m)(39.2m)(14.2m)

Cash From Investing Activities

(65.3m)(15.3m)(26.7m)(125.7m)(23.9m)(760.5m)(21.0m)

Cash From Financing Activities

(15.0m)(11.0m)(12.5m)(35.3m)(21.6m)610.8m(10.0m)

Change Healthcare Ratios

USDY, 2016

Revenue/Employee

243.3k

Financial Leverage

4.7 x
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Change Healthcare Employee Rating

2.8806 votes
Culture & Values
2.8
Work/Life Balance
3.3
Senior Management
2.5
Salary & Benefits
2.9
Career Opportunities
2.6
Source