UST HealthProof, a UST company and market leader in core administrative solutions and Business-Process-as-a-Service (BPaaS) for health plans, announced today the acquisition of Advantasure, a Medicare technology solutions company. The acquisition represents the next stage of UST HealthProof’s growth as it works to revolutionize healthcare in the United States through comprehensive administrative cost-cutting solutions.
UST HealthProof and Advantasure were developed with the same goals in mind: to reduce overall healthcare costs and to improve the experience of members and providers. With the addition of Advantasure to the UST HealthProof family, the company expects to expand its support for government programs, including offering expanded Risk and Quality solutions.
Leaders from both companies have been working hard to ensure a smooth transition for Advantasure, with the goal of minimizing disruption to customers and employees. Advantasure’s president is Robert Hillman, an experienced innovator in healthcare operations. He succeeds John Roberts, who has served as interim president for the past year.
UST HealthProof, a UST company, is on a mission to influence how healthcare is delivered in the future. UST HealthProof administers and serves over 3 million members across multiple lines of business, including Medicare, Medicaid, Commercial, Individual, and self-funded employer groups, and is focused on consumer-centric and cloud-based solutions to reduce administrative costs. Its proven core administration solutions and business process-as-a-service (BPaaS) improve operational efficiency and transparency, removing operational barriers to scale and driving strategic growth.
Advantasure is a healthcare technology and business process services company that helps health plans improve their performance and organizations deliver government healthcare programs. Advantasure helps clients reduce administrative costs, improve reimbursement accuracy, and improve the quality of care for their members through a comprehensive portfolio of products and services. Advantasure is based in Glen Allen, Virginia, with an office in Southfield, Michigan.