Health care risk management company Lucent Health Solutions, in conjunction with healthcare growth capital firm NaviMed Capital, has acquired North America Administrators.
Headquartered in Nashville, Tennessee, North America Administrators provides health benefits solutions and customer service as a self-funded health plan administrators serving more than 150 small- and mid-sized employers.
“Both NAA and Lucent Health Solutions are focused on providing innovative solutions that raise the standard of the client experience,” said Daniel Dugan, chief executive officer (CEO)/president of North America Administrators. “We are pleased to join Lucent Health, as our combined expertise will provide a wider and more cost-effective range of services and products, creating value for all our clients.”
Brett Rodewald, Lucent CEO, added: “We are delighted to add North America Administrators and Danny Dugan to the Lucent Health Solutions platform, in creating an innovative, data-driven healthcare solution for our clients. Our partnership with NaviMed Capital, who have a superb track record as healthcare investors with a focus on policy-driven investing, is a key part of our strategy to deliver what customers truly want from their health plan provider.”
Lucent Health Solutions, NaviMed Capital, North America Administrators, US