Zelis to Acquire Healthcare Cost Control Specialist Payer Compass.

MANews-(C)2009-2022

US-based healthcare payments and pricing company Zelis has entered into a definitive agreement to acquire US-based healthcare reimbursement and claims pricing, administration, and processing solutions provider Payer Compass, the company said.

Like Zelis, Payer Compass has developed solutions to help price, explain, and mitigate healthcare costs, helping members better navigate the often-complex financial journey.

Working with health plans and self-funded organizations, Payer Compass has provided data and insights to reprice more than USD 200bn in claims, generate more than USD 1.5bn in annual savings and serve more than 10m lives.

Together, Zelis and Payer Compass will leverage technology and approaches to create reference-based pricing solutions to manage rising healthcare claims...

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