Sunera Acquires Its First Healthcare Auditing Practice, Parses Inc.

Sunera, a leading provider of business and technology risk consulting services throughout the U.S. and Canada, completed its acquisition of Parses Inc., a healthcare auditing practice.
By: Sunera
 
Feb. 9, 2012 - PRLog -- Tampa, FL, February 9, 2012 – Sunera LLC, a leading provider of business and technology risk consulting services, acquired Parses Inc.’s healthcare auditing business, including the majority of its employees and all of its current clients.  Parses’ original founder, Dr. Dennis Mihale, joins Sunera as the Partner-in-charge of our healthcare auditing practice.

Dr. Mihale and his Tampa-based team, comprised of physicians and certified professional coders, are recognized experts in the fields of medical billing, claims auditing, and Medicare and Medicaid claims recovery.  “At Parses, we streamlined the audit process by reviewing large volumes of claims using automated auditing tools, data mining techniques, integrated workflows, and web-based technology, to deliver accurate, defensible, and cost-effective audits.” said Dr. Mihale, and he added, “We are a lot like Sunera, focused on technology and cost-effective auditing, however we bring deep healthcare experience to the services provided by Sunera.”

When asked how this acquisition will benefit Sunera, Peter Armstrong, Principal and Founder of Sunera had the following to say, “This acquisition immediately makes Sunera an industry leader in healthcare claims billing and auditing, and something we plan to expand on rapidly.  The combination of Sunera’s existing technology-savvy teams, along with Parses’ tools and experience in the healthcare industry, will enhance the overall quality of delivery and service to the claims recovery industry.”

This is Sunera's fifth acquisition and continues two strong years of unprecedented growth for the firm. Since the beginning of 2010, Sunera has added more than 75 new employees and over 200 new clients.  Sunera's office locations, Carolinas, Dallas and New York, have experienced rapid growth with several key wins in their respective markets.  Furthermore, Sunera's more established practices such as Information Security and SAP GRC have experienced a surge in growth, adding to the company's overall profitability.

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About Sunera:
Sunera is a leading provider of business and technology risk consulting services throughout the United States and Canada. Sunera's primary consulting service lines include Internal Audit, IT Audit, Information Security, PCI Compliance, Sarbanes-Oxley Assistance, Data Privacy, Financial Advisory, Training, IV&V and SAP GRC. Founded in 2005, Sunera is dedicated to helping organizations achieve and sustain cost-effective corporate governance. Sunera is headquartered in Tampa, Florida and is available online at www.sunera.com.
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