Fitzroy Health Acquires RJ Health Systems - Insurance News | InsuranceNewsNet

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June 14, 2014 Newswires
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Fitzroy Health Acquires RJ Health Systems

Proquest LLC

A group led by Fitzroy Health recently has reported the acquisition of RJ Health Systems International.

According to a release, as part of the acquisition, industry veteran Kelly DeKeyser has been named CEO of RJ Health, the Company noted in its release.

Fitzroy said that RJ Health is a provider of pharmaceutical reimbursement and coding information and services for the healthcare industry. Over 200 of the nation's healthcare insurers, pharmacy benefit managers, providers, and drug manufacturers rely on RJ Health for the company's online coding and pricing guide, ReimbursementCodes.com, which will continue to be maintained and operated by RJ Health.

"I am very excited to announce our partnership with Fitzroy Health" said RJ Health founder, John Aforismo. "This transaction provides RJ Health Systems a remarkable combination of experienced and accomplished executives, investors, and capital that will allow us to continue our rapid growth and expansion of products and services to better serve our customers' needs. I look forward to working with Fitzroy Health in a collaborative effort to take RJ Health and ReimbursementCodes to the next level." Aforismo will retain an ownership stake in the company and continue to serve in a leadership role.

"RJ Health is an extraordinary company with an outstanding team of experienced, knowledgeable people," said DeKeyser. "We offer the industry's leading products and provide tremendous value to our many customers. Specialty pharmaceuticals present the healthcare world numerous reimbursement, usage, and cost trend challenges that RJ is well positioned to help our customers overcome."

Fitzroy Health is an investment and management firm that helps high potential healthcare companies reach scale by investing capital, managing execution, and developing commercialization and expansion strategies.

More information:

www.rjhealthsystems.com

www.fitzroyhealth.com

((Comments on this story may be sent to [email protected]))

Copyright:  (c) 2014 ProQuest Information and Learning Company; All Rights Reserved.
Wordcount:  287

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