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  6. Urix Acquires Predicted Solutions

M&A Deal Summary

Urix Acquires Predicted Solutions

On February 25, 2008, Urix acquired information technology company Predicted Solutions

Acquisition Highlights
  • This is Urix’s 1st transaction in the Information Technology sector.
  • This is Urix’s 1st transaction in the United States.
  • This is Urix’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2008-02-25
Target Predicted Solutions
Sector Information Technology
Buyer(s) Urix
Deal Type Add-on Acquisition

Target

Predicted Solutions

Granby, Connecticut, United States
Predicted Solutions LLC is a provider of software and consulting services to detect and recover losses due to health care fraud waste and abuse. The methodology combines technology with forensic science, analytics, and industry expertise to detect fraudulent and abusive billing activities. Predicted Solutions has led fraud, waste and abuse initiatives that have resulted in the recovery of millions of dollars for government and private health plans around the U.S.

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Buyer(S) 1

Buyer

Urix

Boston, Massachusetts, United States
Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Urix LLC is a provider of cutting-edge healthcare analytics and employer reporting solutions. Urix solutions cleanse, balance and normalize clients’ claims data from multiple sources and make it available through an easy-to-use, interactive analytics and reporting environment. Urix payor solutions enable carriers to provide their accounts with advanced reporting capabilities that can be typically implemented in three to four months.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
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