Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance

Fiserv Scoops Up ICS

X
Your article was successfully shared with the contacts you provided.

A large health plan administration company has acquired a company that is active in efforts to help plans get lower prices from out-of-network doctors and hospitals.

Fiserv Health, Minneapolis, a unit of Fiserv Inc., Brookfield, Wis., says Innovative Cost Solutions Inc., Chicago, should fit well with its ppoONE unit.

PpoONE reprices in-network claims for preferred provider organization plans.

ICS will keep its Chicago headquarters, its name and its staff, and Mark Hendryx, the founder, will continue to the unit’s president, Fiserv says.

The price of the deal and other contract terms were not immediately available.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.