Thursday, April 8, 2010
StrataCare Buys Marsh Business Unit
Irvine-based StrataCare, a provider of Internet-based, worker's compensation bill review software, announced this morning that it has acquired the MedBillPro division of CS Stars, a business unit of insurer Marsh, Inc. Financial terms of the acquisition were not disclosed. MedBillPro provides medical bill review services. According to StrataCare, the acquisition will give it more scale, momentum, and ability to invest in development and support of its products.