Providence (R.I.) Equity Partners LLC has made an undisclosed equity investment in ikaSystems Corp., a software vendor serving the health insurance market.
Terms of the investment were not disclosed. However, Eran Broshy, a senior advisor at Providence, has been named chairman of ikaSystems. Ravi Ika, founder and CEO at ikaSystems, will continue to lead the company.
The Southborough, Mass.-based vendor sells the Web-based ikaEnterprise payer information system. Its modules include transactions processing/adjudication, customer relationship management, enrollment, billing, provider and payer portals, and a call center, among others.
Register or login for access to this item and much more
All Health Data Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access