What You Should Know:
– Global professional services firm Huron announced it has acquired the payor consulting services division of AXIOM Systems (AXIOM), a healthcare information technology firm specializing in digital transformation for payors and payor-provider organizations.
– The strategic acquisition significantly expands Huron’s capabilities in the payor ecosystem. Financial details of the acquisition were not disclosed.
Strengthening Expertise in Core Payor Operations
The acquisition brings approximately 40 specialized AXIOM team members to Huron’s Healthcare operating segment. AXIOM’s expertise centers on implementing and optimizing the core administration processing systems used by healthcare insurers to manage member data and process claims.
- Specialized Skills: AXIOM brings specialized technology, data, and analytics skills crucial for core payor operations, including claims administration and data transformation.
- Platform Mastery: AXIOM has proven expertise in commercial core administration systems such as TriZetto’s Facets®, QNXT, and HealthEdge solutions. These systems are essential for payors managing member data and claims processing.
“The AXIOM team brings specialized capabilities that strengthen our position in the payor market and accelerate the growth of our digital offerings,” said Mark Hussey, CEO and president of Huron.
The addition of AXIOM’s expertise complements Huron’s existing strengths in healthcare strategy and operations. The acquisition is aimed at helping healthcare clients modernize their claims platforms and leverage connected data.
