Web-based technology solutions for health insurers
ikaSystems is a disruptive technology platform providing web-based, software as a service (“SaaS”) solutions for healthcare payers. The Company’s products deliver business automation and process solutions that generate cost savings for customers in their commercial, Medicare, Medicaid and ACO lines of business. ikaSystems’ customers represent 20 million covered lives and include traditional insurers, managed Medicaid plans, Medicare Advantage plans, PBMs and delegated risk providers. Headquartered in Southborough, MA, the Company has over 300 employees.
- In 2009, Essex Woodlands and Providence Equity Partners acquired a controlling stake from the founding partners.