Health Care Payment Company Makes Acquisition
Indianapolis-based Equian LLC has acquired a pre-payment technology company headquartered in Colorado. Equian Chief Executive Officer Scott Mingee says the deal for The Assist Group Inc. furthers the company's vision as an "end to end payment integrity" provider. January 21, 2015
INDIANAPOLIS, Ind. - Equian completed the acquisition of The Assist Group (TAG) effective January 2015. The transaction kicks off the year furthering Equian's commitment to the payment integrity market and advancing the company's pre-payment clinical claims review and resolution solutions.
Based in Lakewood, Colorado, TAG is a pre-payment technology and solutions company with extensive clinical and claim resolution processes that identify improper costs and yield significant savings to payers. TAG's deep clinical domain experts coupled with their detailed technology platform provide healthcare payers substantiated findings to avoid reimbursement of inappropriate costs on a pre-payment basis.
"TAG's forensic review process of identification and resolution which results in a reduction of claim billing errors is impressive and has saved payers millions," says Scott Mingee, CEO of Equian. "Our acquisitions in the last 12 months were focused on post payment expertise, and with the addition of TAG's pre-payment capabilities we further our vision as an end to end payment integrity company. Our customers are looking for a partner to help them along the entire continuum of post payment, pre-payment and ultimately prevention. TAG has a unique approach along with new rules which enhances our ability to lower the cost of care for our customers."
Equian is a healthcare information services company providing solutions throughout the United States -- and around the world -- that ensures each healthcare interaction is paid accurately, and at the lowest possible cost. Equian is backed by Great Point Partners, LLC, a leading healthcare investment firm, and is recognized nationally by Inc. Magazine and Modern Healthcare as a leading high-growth company in health care. Visit equian.com for more information.
Source: Equian LLC