TRIARQ Health strengthens its management service organization capability by becoming a wholly owned subsidiary of the largest health plan in Michigan
Royal Oak, MI August 10, 2021 – TRIARQ Health, a national Management Services Organization, announced today that it has become a wholly owned subsidiary of the largest health plan in Michigan. TRIARQ Health partners with doctors to transform their operations and business functions, giving physicians more time to focus on patient care.
In today’s rapidly evolving health care market, making sure that medical practices are prepared for the future requires advanced tools, analytics, and expertise. Physicians are forming partnerships with MSOs to address these needs and to manage the cost and complexity of running modern medical practices. TRIARQ Health offers providers care management and clinical decision support, financial management, practice improvement and administrative services. With this new relationship, TRIARQ Health will be in a stronger position to offer physicians and caregivers more strategic support to develop the infrastructure, capabilities, and guidelines that transform practices, improving clinical quality and decreasing total cost of care.
“TRIARQ Health will continue to bring payor-agnostic purpose-built tools and services to enable physicians to modernize their practices. This relationship will accelerate TRIARQ’s ability to drive payor-provider collaboration on a national scale,” says Mike Sappington, CEO of TRIARQ Health.
The company will remain headquartered in Royal Oak, MI and operate as a wholly owned subsidiary. Mike Sappington will remain the CEO and continue to lead its talented team of growing health care industry experts.
TRIARQ is not disclosing the name of the health plan due to their new owner’s licensing requirements.
TRIARQ Health is a national Management Services Organization that partners with doctors to run modern patient-centered practices so they can be rewarded for delivering high-value care. TRIARQ Health’s services help independent physicians gain efficiencies and benefits that are otherwise only available to largest of organizations. TRIARQ Health capabilities include a full suite of proven services for EMR, Revenue Cycle, Patient Engagement, Care Management and Decision Support. Through our Physician-led, high-performance Alliances, TRIARQ works in close partnership with health plans, top health providers, and leading employers to intelligently align cost and care.