Insurer Aetna Inc. has agreed to acquire health information exchange platform vendor Medicity Inc. for approximately $500 million. The acquisition is expected to close in early January.

Salt Lake City-based Medicity has considerable market share among emerging state HIEs, and regional and proprietary HIEs. In total, the company says it serves more than 760 hospitals, 125,000 physician users and 250,000 end users.

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