MIAMI & NEW YORK--(BUSINESS WIRE)--
Independent Living Systems (ILS) has completed its acquisition of Royal Health Care (Royal), a business and technology service provider delivering fully integrated third-party administrative solutions for Medicare Advantage, Medicaid and Specialty plans since 1996.
As an increasing number of health plans and provider organizations look to expand their scope of services, ILS and Royal are uniquely positioned to support a wide-range of health care payers in delivering comprehensive, cost effective and personalized care to their members. Royal's service capabilities combined with ILS' long term care offerings will enable us to deliver an unprecedented continuum of clinical and administrative services.
Royal has service center locations in New York and New Mexico, covering members nationwide. Their diverse client base includes health plans, provider groups, government, commercial and self-funded programs. This acquisition expands ILS' national footprint and service capabilities to include Medicare, Medicaid, Dual Eligibles, Fully Integrated Dual Advantage (FIDA) and managed radiology benefits.
Nestor Plana, President and Chief Executive Officer, Independent Living Systems said, "Royal's model of care and scalable technology will enable ILS to better serve the needs of our growing membership and client base. We are excited to welcome Royal and its dedicated employees to the ILS family of companies"
"We look forward to working with ILS to enhance the services we offer to our current members and bring our proven solution set to the ILS family," said Steven Bory, President Royal Health Care.
About Independent Living Systems
Founded in 2001, Independent Living Systems ("ILS") has expanded its geographical footprint and provides services nationwide. ILS provides an integrated suite of care management solutions that combats the fragmentation of health care today. While coordinating health plan and state benefits, ILS completes the customer support network utilizing home and community based services to bridge gaps. Its information technology backbone allows for solutions to integrate into existing customer business workflows and technology infrastructures. Real time delivery of data allows its business partners the ability to rapidly perform strategic analysis, targeted oversight and implement new interventions as their health care models change. ILS' goal of improving the aging experience for millions of Americas elderly, special needs and dual-eligible individuals is ideally positioned as a national solution for rebalancing costs for healthcare plans and providers For more information, please visit http://www.ilshealth.com
About Royal Health Care
As a fully integrated business and technology service provider, Royal offers both flexibility and innovation when designing IT and operations solutions. Our state-of-the-art claims processing and health insurance transaction systems provide superior capabilities. In addition, Royal provides outsourcing of member services, claims processing, and report generation using our experienced staff and technology. Since 1996, we have serviced a diverse client base that includes health plans, provider groups, and government, commercial, and self-funded programs. Tailoring solutions to specific needs is one of Royal's strengths and a key driver of our success. For more information, please visit http://www.royalhc.com
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Independent Living Systems Acquires Royal Health Care
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