Mitchell, a provider oftechnology, connectivity and information solutions to the P&Cinsurance claims and auto collision repair industries has announcedplans to acquire FAIRPAYSolutions, which provides workers' compensation, liability andauto cost containment and payment integrity services.

While complementing Mitchell's acquisition of National HealthQuest (NHQ) in 2012, this most recent deal will expand Mitchell'ssuite of bill review and out-of-network negotiation services.

“This strategic investment in FAIRPAY Solutions reinforces oursteadfast commitment to producing measurably better outcomes forour clients, providing Mitchell solutions and services that helpthem continue to be competitive in an ever-changing industry,” saidAlex Sun, president and CEO of Mitchell, in a press release.”

Sun added that combining FAIRPAY's specialty bill reviewservices with Mitchell's bill review and out-of-networknegotiation services will offer clients a broad set ofcost-containment products and services, all from oneprovider.

FAIRPAY Solutions' specialty bill review products are designedto offer highly defensible jurisdiction-specific savings on medicalcharges from high-value bills. To accomplish this, the company'smethodology incorporates data assets from more than 20 public andcustom databases containing cost, charge, and accepted payment datafor more than 300 million medical transactions. The company alsoprovides out-of-network negotiation services, known asknowledgeable provider negotiation (KPN), for instances wherespecialty bill review does not apply. As a result, FAIRPAY says itsservices can reduce costs for clients handling high-value, complexmedical bills.

In concert with Mitchell's NHQ product, Mitchell plans to offerFAIRPAY Solutions specialty bill review to both the auto andworkers' compensation markets, along with out-of-networknegotiation services. Mitchell will maintain relationships withother bill review and negotiation service providers as well, inorder to offer Mitchell clients the service options that are bestsuited to their needs. Mitchell reports it has noimmediate plans to change its relationships with its bill reviewand negotiation service partners.

Neither company has disclosed the terms of the transaction.