CMSPricer Founder and CEO Clanton Lynch [Photo: LinkedIn]
Flower Mound’s CMSPricer—a tech solutions provider focused on healthcare payer and provider contract management and commercial claims pricing—has been acquired by Micro-Dyn Medical Systems, a Delaware-based company serving over 200 healthcare organizations in contract management and claims pricing solutions, in partnership with The Brydon Group.
Terms of the deal were not disclosed.
Micro-Dyn said the acquisition provides a wider suite of mission-critical software solutions to its customers, ensuring their full healthcare claims needs are met and expanding the integration footprint with partners.
As a result of the transaction, CMSPricer’s founder and CEO, Clanton Lynch, will join the Micro-Dyn team as EVP of strategy, bringing decades of healthcare claims pricing experience and market strategy expertise, Micro-Dyn said.
Lynch said he looks forward to partnering with the Micro-Dyn team “to build the industry’s leading contract management and claims pricing platform.”
“We are well situated to become the claims pricer of choice throughout the healthcare system and to continue expanding our partnerships across the claims ecosystem,” Lynch added in a statement.
Micro-Dyn CEO and Co-Chairman Sean Zhao welcomed the North Texas-based team.
“We’re honored to work with Clanton and his product and engineering team to integrate and continue to build upon his best-in-class solutions, expanding the capabilities of the Micro-Dyn platform,” Zhao said.
“We’re extremely excited to demonstrate to our current customers and future partners, our broader capabilities with the launch of the consolidated Micro-Dyn contract management and claims pricing platform,” added Steve Giattino, Micro-Dyn’s president and co-chairman.
Holland and Knight served as legal counsel and Mowery and Schoenfeld served as accounting advisor to Micro-Dyn.
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