Anthem and Humana have signed on for a minority stake in a new joint venture that aims to reshape the claims management experience, Fierce Healthcare reports.
DomaniRx, pending regulatory approval, will feature a cloud-native, API-driven claims adjudication platform, according to an announcement. SS&C Technologies, which provides services and software to the financial and healthcare industries, will have a majority stake in the venture.
SS&C will hold an 80.2% interest in the new company, documents filed with the Securities and Exchange Commission show. The parties have committed $925 million in cash and services to the venture, according to the filing. Read more.
