Chicago-based management and technology consulting firm, AArete, has announced the acquisition of Legerity, a technology consulting firm located in Norfolk, Virginia. This acquisition will enable AArete to expand its offerings in healthcare administrative systems, digital transformation, and automation services.
Founded in 2018, Legerity specializes in IT consulting and the implementation of Pega software, a popular CRM (Customer Relationship Management) and BPM (Business Process Management) platform. The company also works on projects related to QNXT and Facets software, which are used for healthcare payer claims processing.
“The inclusion of Legerity in the AArete team aligns with our goal of being a provider of end-to-end solutions, delivering world-class business and technology solutions to our clients,” said Loren Trimble, CEO of AArete. “This acquisition not only expands AArete’s customer base and capabilities, but also deepens the relationships that AArete and Legerity already share with clients.”
As part of the transaction, the Legerity brand will be phased out, and the company will work towards full integration of services between both firms. “I am proud of the company we have built and the knowledge that Legerity will bring to AArete and its clients,” said Jeff Schrecengost, co-founder of Legerity. “This acquisition enables us to deliver greater value to the clients of both firms, who will now have easy, fully integrated access to the combined range of services offered by AArete and Legerity.”
AArete, founded in 2008, provides strategy, profitability improvement, data analytics, and technology services to clients in the healthcare, education, financial services, and public sectors. The company employs over 500 people across offices in the United States, the United Kingdom, and India.
In recent news, AArete promoted SueEllen Carroll, Leslie Lotano-Saba, and Jeff Schacht to managing director positions in their healthcare consulting practice.
Questions about the article:
1. What is AArete?
2. What are the benefits of acquiring Legerity for AArete?
3. What areas does Legerity specialize in?
4. What benefits will this acquisition bring to clients of both firms?
5. Who is the CEO of AArete?
6. When was AArete founded and how many people does it employ?
7. Who was promoted to managing director positions in AArete’s healthcare consulting practice?
Defined key terms or jargon used in the article:
1. CRM (Customer Relationship Management) – A business platform used for managing customer relationships, providing access to customer information, interaction history, and data analysis.
2. BPM (Business Process Management) – A way of managing operations in an organization that focuses on optimizing and streamlining business processes to achieve better outcomes.
3. QNXT – Claims management system for commercial and Medicaid healthcare plans.
4. Facets – Insurance policy management system for commercial and Medicaid healthcare plans.
5. Profitability – The measure of a company’s financial efficiency and its ability to generate profits.
Suggested relevant links to the main domain:
1. www.aarete.com – AArete’s official website.
2. Pega – Official website of Pega, the CRM and BPM platform.
3. QNXT – Official website of the QNXT system.
4. Optum – Optum’s main website, a provider of software and services for the healthcare industry.
The source of the article is from the blog tvbzorg.com