Aon brokerage said it plans to acquire Valley Oak Systems of San Ramon, Calif., a software developer for claims management, and combine it with the company's risk management operation. Financial terms were not released.
The Chicago-based insurance broker said it expects to complete the transaction by the end of January 2007.
Among Valley Oak Systems' offerings is the iVOS “one-system” solution that includes medical bill review, policy underwriting, case management, billing and event management capabilities.
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