Change Healthcare overview

Change Healthcare is a provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers, and patients in the U.S. healthcare system. The name also refers to a company founded in 2007 which subsequently became part of the current conglomerate.
The staff at Change Healthcare come from unusually diverse demographic backgrounds. The company is 56.3% female and 37.8% ethnic minorities. Despite its diversity in other areas, Change Healthcare employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 76.2%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Change Healthcare has great employee retention with staff members usually staying with the company for 3.7 years. The average employee at Change Healthcare makes $76,846 per year, which is competitive for its industry and location. Some of its highest paying competitors, Emdeon Business Services, Greenway Medical Technologies, and Health Management Systems, pay $82,600, $76,983, and $75,848, respectively.
Based in Nashville, Tennessee, Change Healthcare is an industry leader with 15,000 employees and an annual revenue of $1.5B.

The Organization’s Mission

We are inspiring a better healthcare system. Working alongside our customers and partners, we leverage our broad portfolio of solutions to enable better patient care, choice, and outcomes at scale. As a key catalyst of a value-based healthcare system, we are accelerating the journey toward improved lives and healthier communities.

Industry

Healthcare

Revenue

$1.5B

Employees

15,000

Founded in

2005

Headquarters

Nashville, TN

Website

changehealthcare.com

Organization Type

Public

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The team at Change Healthcare

Key People
  • Christopher Parks (Executive Officer)
  • Doug Ghertner (Executive Officer, Director)
  • Masashi Kiyomine (Director)
  • William Seibels (Executive Officer)
  • Howard McLure (Executive Officer, Director)
  • Martin Felsenthal (Director)
  • Spence McClelland (Director)
  • David Joyner (Director)
  • Neil Crescenzo (key_person)
  • Vic Gatto (Director)
  • Anna Haghgooie (Director)

The Culture At Change Healthcare

Information provided by the company
Ambitious, yet patient and principled. Committed to excellence, and delivering results in an honest, purposeful way.
Here at Change Healthcare, we're using our influence to drive positive changes across the industry, and we want motivated and passionate people like you to help us continue to bring new and innovative ideas to life. If you're ready to embrace your passion and do what you love with a company that's committed to supporting your future, then you belong at Change Healthcare.
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Demonstrate commitment to the Company's core values
Here at Change Healthcare, we're using our influence to drive positive changes across the industry, and we want motivated and passionate people like you to help us continue to bring new and innovative ideas to life.
We are looking for an innovative organizer and leader.

Change Healthcare Reviews

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5.0

Zippia UserApril 2020

5.0

Zippia Official LogoZippia UserApril 2020

What Do You Like About Working There?

Excellent Company to work for. Great executive team. Great team members. Open communication. Show More

What DON'T You Like About Working There?

Medical Insurance premiums Show More

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Change Healthcare Rankings

Change Healthcare is ranked #44 on the Best Companies to Work For in Tennessee list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Change Healthcare Salaries

How much does Change Healthcare pay?
The national average salary for a Change Healthcare employee in the United States is $76,846 per year. Employees in the top 10 percent can make over $120,000 per year, while employees at the bottom 10 percent earn less than $49,000 per year.
9.4
Salary Score
Average Employee Earnings

Change Healthcare Salaries By Job Title

While the average employee salary at Change Healthcare is $76,846, there is a big variation in pay depending on the role. The higher paying positions at Change Healthcare include Director Of Product Development, Information Technology Director, Operation Supervisor, and Account Manager. A typical Director Of Product Development salary at Change Healthcare is $151,274. To get a better sense of the salaries at Change Healthcare, other roles such as Mailroom Clerk and Machine Operator can be considered as well. For comparison, the title Mailroom Clerk at Change Healthcare earns $26,707 per year.

Change Healthcare careers

On average, employees at Change Healthcare stay with the company for 3.7 years. Employees most commonly join Change Healthcare after leaving Walmart. When they leave Change Healthcare, they most frequently get their next job at Community Health Group.

Average Length of Employment
Aetna4.2 years

Change Healthcare

3.7 years
McKesson3.5 years
Top Employers Before Change Healthcare
Walmart9.8 %
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Top Employers After Change Healthcare
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Change Healthcare Financial Performance

8.2
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

2005

Organization type

Public

Change Healthcare Financing Rounds

DateAmountSecurity Type
Jul 2, 2014Equity
Jul 2, 2014
$5,000,000
$5,000,000
Equity
Equity
Aug 15, 2013Equity
Aug 15, 2013
$15,188,396
$15,188,396
Equity
Equity
Jan 13, 2012Equity
Jan 13, 2012
$9,311,025
$9,311,025
Equity
Equity

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Change Healthcare Competitors

Based on our research, similar companies to Change Healthcare are Emdeon Business Services, Greenway Medical Technologies, and Health Management Systems. The wages at Emdeon Business Services average higher than the other similar companies, where the median salary is $82,600 per year. The salaries at Greenway Medical Technologies average $76,983 per year, and the salaries at Health Management Systems come in at $75,848 per year.

Frequently Asked Questions about Change Healthcare

When was Change Healthcare founded?

Change Healthcare was founded in 2005.

How many Employees does Change Healthcare have?

Change Healthcare has 15,000 employees.

How much money does Change Healthcare make?

Change Healthcare generates $1.5B in revenue.

What industry is Change Healthcare in?

Change Healthcare is in the healthcare industry.

What is Change Healthcare's mission?

Change Healthcare's mission statement is "We are inspiring a better healthcare system. Working alongside our customers and partners, we leverage our broad portfolio of solutions to enable better patient care, choice, and outcomes at scale. As a key catalyst of a value-based healthcare system, we are accelerating the journey toward improved lives and healthier communities."

What type of company is Change Healthcare?

Change Healthcare is a public company.

Who are Change Healthcare's competitors?

Change Healthcare competitors include Aetna, McKesson, Cardon Outreach CEO, DST Health Solutions, Altegra Health, Health Net, Independence Blue Cross, Privia Health, Greenway Medical Technologies, Xerox State Healthcare, Envision Healthcare, The Lash Group, Affinity Health Plan, Intermedix, Emdeon Business Services, Health Management Systems, Health Care Service, Health First, Providence Health & Services, Sheridan Healthcare.

Who works at Change Healthcare?

Christopher Parks (Executive Officer)

Doug Ghertner (Executive Officer, Director)

Masashi Kiyomine (Director)

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You can find out what it is like to work at Change Healthcare, also known as CHANGE HEALTHCARE, Change Healthcare, Change Healthcare Corp, Change Healthcare Corporation and Change Healthcare Inc..

Zippia gives an in-depth look into the details of Change Healthcare, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Change Healthcare. The employee data is based on information from people who have self-reported their past or current employments at Change Healthcare. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Change Healthcare and its employees or that of Zippia.