Sale Allows Healthcare Consulting Organization to Focus on Core Business
SAN FRANCISCO, Sept. 30 /PRNewswire/ -- Lumetra, the San Francisco-based healthcare solutions consulting organization, announced today the completion of the sale of its IntegriGuard subsidiary to HMS (Nasdaq: HMSY), a publicly traded company.
In making the announcement, Linda M. Sawyer, Ph.D., RN, Lumetra's Chief Executive Officer, stated: "The sale of IntegriGuard is a significant milestone in the implementation of our strategic plan and allows Lumetra to focus on our core business and clients, driving the advancement of healthcare through evidence-based solutions and technology."
IntegriGuard was formed in 1999 as a national division of Lumetra focusing on the prevention and detection of fraud and abuse in healthcare systems. It was established as a wholly-owned subsidiary in April 2003. The sale is effective immediately.
Lumetra provides reliable professional services and sustainable solutions through integrated clinical, technological, and analytic expertise to transform the delivery and administration of healthcare. For more information, please visit www.lumetra.com.
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