Contact Information: Inquiries, Contact: Russell W. Sherlock Health Systems Int'l 317-806-2000 www.us-hsi.com
Health Systems International Expands Technology Infrastructure and Technology Applications Through Acquisition of @Global
| Source: Health Systems International
INDIANAPOLIS, IN--(Marketwire - August 10, 2009) - Health Systems International, a leading
provider of outsourced medical cost management solutions to payors and
healthcare provider networks around the world, today announced the
acquisition of @Global. @Global has developed and supported best-in-class
software solutions for workers' compensation, casualty insurance, claims
administration, and medical cost management environments since 1996.
Russell W. Sherlock, CEO of HSI, said, "@Global makes an exceptional fit
for HSI by not only enhancing the infrastructure of all HSI solutions but
also providing additional software applications for clients to help them
control medical cost."
"The expanded technology resource is fulfilling our vision to become the
leading provider of medical cost management solutions." Sherlock continued.
"The @Global team is excited about joining the technology solutions
division of HSI," commented @Global President, Steve Graham, "The
combination of @Global and HSI resources represents a highly strategic
offering of software assets, customer service capabilities, and vendor
relationships. @Global's experience and expertise will be leveraged to
expand and enhance HSI solutions in all markets, and HSI resources will
allow us to offer complete, fully integrated medical cost management
solutions to current @Global clients."
Steve Graham will join the HSI Executive team in a dual role as HSI Chief
Technology Officer for all HSI Divisions as well as President of the HSI
Technology Solutions Division.
About HSI
Headquartered in Indianapolis, Indiana, HSI is a leading provider of
outsourced medical cost management solutions to health plan payors and
provider networks around the world. HSI is backed by Great Point Partners,
LLC, a private investment firm with over $900 million of equity capital
under management. Since 1987, HSI has utilized proprietary technology,
experienced staff and the markets broadest selection of medical discount
solutions to relieve client's administrative burdens and achieve the lowest
possible cost of medical care. Go to www.us-hsi.com for more information.
About @Global
@Global creates real and tangible value for organizations by integrating
software strategies that help make the business of managing insurance
claims more productive. Applications developed generate the maximum return
on technology investment by improving healthcare loss outcomes and costs,
enabling labor efficiencies, and reducing technology costs. Services
include custom programming, project management, software training, system
documentation and 24/7 technical support.