Health Systems lands investment

December 4, 2007

Health Systems International LLC has received an equity investment from Great Point Partners LLC, a private investment firm headquartered in Greenwich, Conn., that focuses on health care.

The amount was not disclosed, but Great Point said today that the funding will help the Indianapolis company bankroll acquisitions.

Great Point Managing Directors Christopher M. Laitala and Dr. Jeffrey R. Jay joined the Health Systems board.

Health Systems reviews medical bills for duplicate charges, unnecessary procedures and excessive costs, and applies PPO-contracted discounts to medical claims on behalf of self-funded companies and insurance companies.

It is based at 5975 Castle Creek Parkway near interstates 69 and 465. Most of its 50 employees are based at the headquarters.
Source: XMLFULL/XMLFull8364.xml

Recent Articles by IBJ Staff

Comments powered by Disqus