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Our Bureau

Mumbai , Jan. 8

Firstsource Solutions Ltd (earlier ICICI OneSource) has acquired BPM Inc, a Delaware-based healthcare claims outsourcing company in the US, for an undisclosed sum.

The acquisition includes BPM Inc's two wholly owned operating subsidiaries, MedPlans 2000 Inc and MedPlans Partners, said a statement from the company.

Firstsource will now offer clients' database management, policy administration, claims processing and complex claims adjudication capabilities. It will also add three centres in Illinois, Kansas and Kentucky to its current 17 delivery centres globally.

There will be no change in the management structure of MedPlans Partners and its workforce of 300 employees will continue with their current jobs, said the release.

More Stories on : Mergers & Acquisitions | Outsourcing

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