Mitchell, a provider of technology, connectivity and information products to the P&C claims and collision repair industries, announced the acquisition of National Health Quest, Inc. (NHQ), a national negotiated out-of-network payment services provider.
The acquisition expands Mitchell’s injury claims medical cost management capabilities and enables the company the ability to deliver higher levels of efficient, cost-effective and service-sensitive claims handling to customers.
The terms of the transaction were not disclosed.
“There is tremendous value that can be delivered to the injury claims handling community via the appropriate integration and use of specialized out-of-network negotiation services within the claims handling value chain,” said J.L. Fersch, Jr. president & founder of National Health Quest.
In addition to employing NHQ’s negotiation solutions, Mitchell will maintain relationships with other out-of-network negotiation service providers in order to offer Mitchell clients the service options that are best suited to their needs. Mitchell has no plans to change its relationships with any of its out-of-network negotiation service partners.