Lyric, a leader in payment integrity AI and claims analytics for health plans, announced the appointment of Halsey Wise as Chief Executive Officer, effective immediately. Mr. Wise, a member of Lyric’s Board of Directors since 2022, succeeds Raj Ronanki, who has transitioned into an advisory role to support the company’s continued success.
“Having experienced Lyric’s dynamic growth as a member of the Board, I am honored to join as CEO to propel our next chapter,” said Halsey Wise, incoming CEO, Lyric. “Lyric’s AI-enabled solutions are transforming the business of care, unlocking accuracy and efficiency for the benefit of health plans and the broader healthcare ecosystem. The Company’s AI-enabled Lyric42 platform allows Lyric to drive more value for clients beyond prepay editing and payment integrity broadly. I look forward to partnering with the team to build on this momentum and continue innovating on behalf of our customers. I also appreciate that Raj will continue as an Advisor; we thank him for his role in helping to develop Lyric’s vision.”
“Halsey knows Lyric’s business, customers, and industry extremely well. We look forward to working with him in this new capacity to enhance and develop solutions that unlock new efficiencies across the healthcare payment landscape,” said Bill Miller, Chairman of Lyric’s Board of Directors. “On behalf of the Board, I want to thank Raj for his leadership in building Lyric into the market-leading solutions provider it is today.”
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“Lyric is transforming the healthcare payments landscape for the benefit of all stakeholders,” said Jeff Rhodes and Nehal Raj, Co-Managing Partners of TPG Capital. “Halsey brings decades of experience building dynamic healthcare technology and software organizations. Having known him for years, we are confident he is the right leader to accelerate Lyric’s exciting momentum. We are also grateful to Raj for helping to rearchitect the Company’s technology stack and AI approach.”
“I want to thank the entire Lyric team for their tireless execution and commitment to our mission and clients,” said Mr. Ronanki. “I am proud of what we’ve achieved and the innovative new tools we’ve developed for our clients. I am confident Lyric will continue to build on its success under Halsey’s leadership.”
Source: Businesswire