US-based Health Systems International has completed the acquisition of The Reclaim Group (TRG) effective October 15, 2013.
The agreement marks the ninth tuck-in acquisition Health Systems International has completed in a five year period, helping to cement the firm's position as one of the nation's fastest growing payment integrity solutions providers.
Health Systems International CEO Scott Mingee noted as the company looks to deliver analytics and full service payment integrity solutions to our clients, TRG expands its offering into post-payment.
"It is a great add on to further reduce waste in the healthcare payment system, and TRG's tailored technology and analytics driven solutions are a perfect match with our business model," Mingee added.
TRG president Lois R Hall noted the company is very excited about joining HSI.
"HSI's impressive core services, technological know-how and pre-payment expertise creates synergy and will allow us to offer a full spectrum of payment effectiveness solutions to our clients," stated Lois R. Hall, President of TRG.
"Additionally, this union will provide us with added scalability and enhanced investigative capabilities for our clients," Hall added.
Health Systems International offers customized solutions to healthcare payers that encompass a full suite of analytics, pre-payment, and now post-payment services designed to reduce waste and lower total healthcare costs.
