September 19, 2016. Indianapolis, IN. Equian announced the completed acquisition of T3 Worldwide, furthering the company’s capabilities to deliver technology driven, accurate, and actionable pre and post payment integrity solutions. The acquisition of T3 supports Equian’s strategy to lead the market with the most comprehensive suite of solutions focused on utilizing technology, data and expertise to drive client savings. The company will continue its balanced strategy of internal innovation and acquisitions that deliver actionable data analytics, scalable partnerships, and content rich results to increase savings for its clients and enable Equian to expand across its key markets.
Founded in 2006 and based in Norwalk, Connecticut, T3 Worldwide provides a technology platform which enables over 30 million payment integrity transactions a month for some of the largest payers in the Commercial, Medicare, and Medicaid markets.
Equian CEO, Scott Mingee, stated, “This is a very strategic acquisition for us, and adds one of the only commercial grade technology platforms in use by the end market of large scale payers. Our clients want a partner who is aligned with them and helps drive continuous improvement, and we understand the need for flexibility given the complexities and ever changing regulatory environment, evolving reimbursement strategies and payment modalities in our market. Adoption and utilization of T3’s platform by their end clients is a testament to the power of the solution, and we are excited to bring this offering to our customers. This platform will enhance and accelerate our data management and content strategy, allowing us to expand our research & development and deliver our results more quickly – ultimately helping our clients pay the right amount to the right party at the right time. The T3 executive team shares our vision and passion for innovation and will be a key part of our future innovation and transformations as they are proven industry experts and leaders.”
Younes Ghanian, Executive Partner of T3 added, “T3 has always been focused on transparency and sharing the content and logic of our audits with our clients. We look at post pay and pre pay modalities for clients to determine how we can correct most of the problem claims in time to avoid costly interaction with providers recouping overpayments. Through early meetings with Equian, it was obvious we shared this common philosophy. If we can find a way to correct an error upstream for payers, we do it.”