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March 14, 2011

Deal Alert: SCIOinspire acquires US healthcare audit firm National Audit

SCIOinspire, a provider of healthcare payer cost containment solutions, has acquired Florida, USA-based National Audit. Technology Holdings was the exclusive advisor on the transaction.

National Audit is a leading healthcare claims audit and overpayment recovery services provider to large commercial, Medicare & Medicaid payers and Pharmacy Benefit Managers (PBMs). National Audit works with 3 of the top 7 healthcare insurance payers in the United States. SCIOinspire is a premier provider of cost containment services and technology solutions to over 40 health plans including care management analytics, disease management support, underwriting & actuarial support, and third party liability & recovery services.

SCIOinspire's investors include Sequoia Capital, Health Enterprise Partners and Silicon Valley Bank. Technology Holdings was earlier the sole advisor on SCIOinspire's acquisitions of Socrates (healthcare payer subrogation) and Solucia Consulting (care management analytics).

For more information, please visit:

http://www.nationalaudit.com

http://www.scioinspire.com