Micro-Dyn, a leader in healthcare claims pricing,
grouping, and editing software, announces its acquisition by The
Brydon Group.
CARMEL, Ind., May 14, 2024 /PRNewswire/ -- Micro-Dyn Medical
Systems, LLC. (Micro-Dyn), an industry leader in healthcare claims
pricing, grouping, and editing software serving over 150 healthcare
entities across health plans, health systems, risk-bearing provider
groups, and Third-Party Administrators (TPAs), announced its
acquisition by The Brydon Group.
The Brydon Group partnered with healthcare executives
Sean Zhao and Steve Giattino, who will lead Micro-Dyn going
forward, along with the company's founders, Bill Voss and Janell
Voss, and a growing engineering and product team.
With the support and resources provided by the investment, and
the expansion of the executive, product, and engineering teams,
Micro-Dyn will continue to focus on its long-standing mission of
enabling healthcare organizations and other claims processors to
accurately and efficiently manage healthcare claims and
reimbursements.
"We look forward to partnering with Steve and Sean and
continuing to serve healthcare organizations with a market-leading
product. I believe with Steve, Sean, and the engineering team's
expertise, Micro-Dyn's impact within healthcare will continue
to grow," said Micro-Dyn Founder, Bill
Voss.
"With the strategic investment and the expanding team, we are
excited to create additional benefits for existing and future
customers," said Steve Giattino,
President and Co-Chairman.
Sean Zhao, CEO and Co-Chairman,
remarked, "We are honored to build upon the 34-year legacy that
Bill and Janell Voss have
established to support our partners with best-in-class
solutions."
The Brydon Group is an investment firm that partners
with experienced executives to acquire and operate businesses in
software and business-to-business, government, and healthcare
services. AvidBank and NorthCoast Mezzanine provided financing to
support the transaction. Goodwin
Procter served as legal counsel and Mowery & Schoenfeld
served as accounting advisor to The Brydon Group.
About the new Leadership Team:
Sean Zhao, CEO and
Co-Chairman, is a first-generation immigrant and a credentialed
healthcare actuary (Fellow of the Society of Actuaries). In
addition to technical expertise, he has extensive strategic and
operating experience within healthcare and previously served as the
Co-Leader of McKinsey's Managed Medicaid Domain, as well as the
leader for payer economics and resiliency research.
Steve Giattino, President
and Co-Chairman, is 15-year U.S. Army veteran and a former Apache
helicopter pilot, with deep experience in Medicare and healthcare
strategy & operations. He was previously a healthcare
consultant at McKinsey and the Chief Strategy Officer at
EasyHealth, where he continues to serve on its Board of
Directors.
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SOURCE Micro-Dyn Medical Systems, LLC