Blackstone Said to Weigh Sale of Stake in of HealthEdge Software

Blackstone Inc. is exploring options for HealthEdge Software, including the sale of a stake that could value the health-care software company at about $3 billion, people with knowledge of the matter said.

Blackstone is working with advisers on the possible sale of a 50% stake in HealthEdge, which sells software to health insurers, the people said.

It’s keen to bring in another financial investor to help it grow the business, one of the people said, asking not to not be identified discussing confidential information.

HealthEdge helps health insurers modernize their systems with software for plan design, enrollment and claims ...