Verisk Buys Health Data Firm for $60M

New Jersey-based insurance data specialist Verisk Analytics Inc. is acquiring Health Risk Partners for $60 million in cash.

Verisk said $13 million of the purchase price will be placed in escrow and should be paid in 2012. It expects the deal to add to its profit in 2011.

Health Risk Partners makes systems that analyze Medicare data to make sure companies are complying with government rules, assists in payment, and helps collect and submit data.