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TriCore Announces Merger with Rhodes Group Products and Services

ALBUQUERQUE, N.M., April 27, 2015 (GLOBE NEWSWIRE) -- TriCore Reference Laboratories announced today its merger with Rhodes Group products and services, a clinical IT solutions company from Connecticut. Together they will provide world-class laboratory solutions in population health management, lab management, consulting, financial services, and leading IT and software platforms.



Rhodes Group offers unique software solutions and large scale, front-to-back data integration that TriCore has utilized internally for over a decade. This new relationship will leverage TriCore's current IT platform providing better healthcare solutions for various key stakeholders including health systems, providers, payers and most importantly patients.

Read more about TriCore's Predictive Analytics Capabilities

"Rhodes group products and services complements our vision and culture but will remain a trusted ,independent brand," said Khosrow Shotorbani president and CEO of TriCore. "They are our necessary partner as healthcare migrates towards value-based care. Together we will provide access to data-driven insights that optimize diagnostic pathways and improve overall healthcare outcomes. We are prepared to drive improvements across the board in healthcare delivery, patient outcomes and overall cost reduction. We are excited to add them to our team."

"Our technology and integration creates a new model for advanced laboratory solutions," said Sam Merkouriou, president of Rhodes Group products and services. "Each solution was created with clinical profitability and cost reduction in mind allowing for utmost optimization. We now combine forces with TriCore, a leader in the laboratory space, to offer relevant industry strategies.

"The partnership is a great fit," said Doug Wussow from Rhodes Group products and services. "In order for labs to make a profit today they must consider value based outcomes. Current market changes and regulations are imposing new ways of business and forcing laboratory financial sectors to change. Together we will provide new tool-sets and the necessary operational procedures that our clients and patients deserve."

For more information about TriCore Reference Laboratories visit www.TriCore.org

About TriCore Reference Laboratories

TriCore Reference Laboratories provides the majority of clinical diagnostic testing for New Mexico and offers solutions and services in population health management and targeted intervention strategies.

CONTACT: Vanna Livaditis ioanna.livaditis@tricore.org @VannaLiva

Source:TriCore Reference Laboratories