J. Joel Hackney has been appointed CEO for the hybrid company to be fashioned from MedAssets' revenue cycle management arm and Precyse health information management company.
Pamplona Capital acquired Precyse in 2015 and is expected to complete the acquisition of MedAssets this month, with plans to merge MedAssets RCM and Precyse businesses into a single enterprise.
Mr. Hackney has served in several executive leadership positions over the past 20 years, including roles at General Electric, Nortel Networks in Montreal, Canada, and Avaya in Santa Clara, Calif. He most recently acted as President and CEO for AVINTIV in Charlotte, N.C.
Attracting talent to grow and guide the fledgling company has been a top priority for Pamplona executives.
"We are drawing upon the strong talent within Precyse and MedAssets, with the experience of additional outside executives, to create a team that will ensure a smooth transition and continuity in key areas while positioning the MedAssets-Precyse enterprise to operate as a national leader in the end-to-end revenue cycle technology, outsourced services and education market,"
Mr. Hackney will assume his role following the completion of Pamplona's acquisition of MedAssets, expected in late January.