GREENWICH, Conn. and PHOENIX, Ariz. (PRWEB) June 26, 2018
Great Point Partners (“GPP”) today announced that United Claim Solutions (“UCS”), a GPP II portfolio company, has acquired Portsmouth, Ohio-based Zebu Compliance Solutions (“Zebu”). Zebu is a software enabled business, providing payment integrity and ongoing credentialing solutions to payors, clearinghouses, and provider organizations across the United States. The acquisition of Zebu brings additional resources and capabilities to UCS, augmenting its suite of payment integrity solutions and expanding its customer base.
“UCS and Zebu have had a strong working relationship over the past seven years. Formalizing our partnership with Zebu enhances our service offering and technology capabilities, enabling us to better serve our clients’ needs,” Josh Carder, CEO of UCS, stated. “Zebu brings us an experienced and talented team, led by industry veteran Francesca Hartop, Zebu’s Founder and CEO. Francesca has deep industry knowledge that has helped establish a comprehensive suite of tools across both payor and provider markets.”
“The addition of Zebu provides UCS with added scale and access to over 1,000 new customers. Zebu’s technology, knowledge base and product suite will help UCS continue to enhance its payment integrity solutions,” added Noah Rhodes, Managing Director at Great Point Partners.
“The Zebu-UCS platform will facilitate high-value integrated and complementary services to better serve our existing customers and further extend our product offerings into new customer segments. Our goal is to create efficiency and integrity across the health care landscape. Zebu’s partnership with UCS creates a comprehensive suite of health care claims management and compliance solutions,” commented Ms. Hartop.
About Great Point Partners
Great Point Partners (“GPP”), founded in 2003 and based in Greenwich, CT, is a leading health care investment firm with approximately $1.1 billion of equity capital currently under management and 28 professionals, investing in the United States, Canada, and Western Europe. GPP is currently making new private equity investments from GPP II, which has closed on $215 million. Great Point manages capital in private (GPP I, $156 million and GPP II, $215 million of committed capital) and public (BioMedical Value Fund strategy, approximately $750 million) equity funds. Great Point Partners has provided growth equity, growth recapitalization, and management buyout financing to more than 100 growing health care companies. The private equity funds invest across all sectors of the health care industry with particular emphasis on biopharmaceutical services and supplies, outsourcing and alternate site care, pharmaceutical infrastructure and information technology enabled businesses. The firm pursues a proactive and proprietary approach to sourcing investments and tuck-in acquisitions for its portfolio companies. Reach Great Point at 203-971-3300 or http://www.gppfunds.com.
About United Claim Solutions
United Claim Solutions (“UCS”) is an innovative payment integrity solutions company providing cutting edge and customizable solutions for TPAs, self-insured groups, labor and trust organizations, stop-loss carriers and health plans. Since its founding in 2004, UCS has placed emphasis on quality and efficient service, optimal savings and timely solutions for its clients. UCS provides payment integrity services in all 50 states, bringing innovative solutions to its clients to generate additional savings, support their client retention and facilitate their business growth. For further information, please contact UCS at 866-762-4455 or http://www.unitedclaimsolutions.com.