PHILADELPHIA: Lyric, a leader in AI-powered payment accuracy for health plans, today announced that Ravi Umarji has been named President. Umarji, who has served as Lyric’s Chief Financial Officer and Chief Strategy Officer since 2024, will oversee the Company’s enterprise-wide priorities and execution of Lyric’s customer-centric strategy. The appointment reflects Lyric's accelerating momentum and Umarji’s continuous focus on growth.

“On behalf of our clients, we are building Lyric into one of the most innovative, impactful, and important companies in health tech. We are focused on harnessing our Lyric42 platform to activate our data-centric strategy to provide greater client value, speed, and transparency,” said Halsey Wise, Chief Executive Officer of Lyric. “Ravi's expanded role directly supports how we're building Lyric, with our Lyric42 platform at the center, and a leadership structure built to drive rapid growth and execute at the speed our clients need.”

“I'm honored to take on the role as President,” said Umarji. “Lyric is uniquely positioned to transform healthcare. I’ve been fortunate to be part of the Company’s evolution over the past few years. We’re just at the beginning, and I couldn’t be more excited to partner with Lyric’s outstanding team to continue innovating on behalf of our clients.”

Umarji has helped to shape Lyric’s growth strategy as the Company has expanded its product portfolio, including the next-generation Lyric42 platform. As President and Chief Financial Officer, he will continue driving these initiatives while creating value for America’s leading health plans.

About Lyric

Lyric is a payment integrity technology company trusted by leading health plans at the start of the claims payment workflow. Its platform is grounded in 35+ years of clinical and payment accuracy expertise and supports real-time integrations covering 190 million lives. Lyric helps reduce healthcare spending waste and support fast, accurate payments with a transparent rationale and human oversight.

Fonte: Business Wire