Laccūrō Solutions, which manages medical bill review and payment processes for payers in the property and casualty industry, has acquired Splashlight Solutions, a national workers’ compensation bill review service provider based in West Des Moines, Iowa. The purchase price was not disclosed.
All Splashlight employees have joined accūrō solutions, with its CEO and founder Lisa Gran now serving as chief revenue officer. In addition, Mike Knutter, who led Splashlight’s operations, has become assistant vice president of bill review.
The deal came about when Gran was investigating technology options to enhance Splashlight’s bill review services. “We wanted something fresh, new, and flexible and were very impressed by accūrō Solutions’ ARC platform,” she said. As conversations continued, Gran and Dr. Hannigan realized it made sense to combine the two companies.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks 
Travelers Reports Solid Underwriting, Record Investment Income for Q3 
Fisherman Killed by 12-Foot Alligator at Central Florida Lake 
Home Insurance Tops Property Taxes in Squeeze for US Households 
