Lyric Acquires ClaimShark
Expanding Platform Value and Powering Next-Gen AI Applications
Redefining what’s possible with Lyric42—driving intelligent value creation and transparency at scale
Our Solutions
A Bold Leap Forward in Payment Accuracy
Lyric is thrilled to welcome ClaimShark into our ecosystem. This strategic acquisition unites two innovation leaders to deliver a smarter, more transparent, and AI-driven healthcare payment platform for health plans.
ClaimShark’s breakthrough solutions—Virtuoso and Replay—will be integrated into the Lyric42 Platform, enhancing accuracy, automation, and visibility across the claims lifecycle.
What This Means for Health Plans
Together, we’re transforming the future of payment integrity:
Lyric’s mission is to simplify the business of care—reducing friction, administrative burden, and costly errors across healthcare. This acquisition marks a milestone in our journey, and we’re just getting started.
Centralized, AI-powered control with Virtuoso
A first-of-its-kind command center for managing data, claims, vendors, and audit workflows—automated with AI, human-reviewed for clinical quality.
A unified platform with unmatched capabilities
Lyric42 + ClaimShark = an integrated, intelligent platform delivering real-time trend insights, agentic workflows, and a plug-and-play AI/Cloud foundation.
Real-time accuracy and speed with Replay
Purpose-built for audit teams, Replay brings precision and structure to claim review workflows—maximizing ROI and minimizing errors.
What’s New with Lyric42
Plug-and-play AI/Cloud foundation with modular tooling
Studio 42: AI as the new UI—launching soon
Unified workflows for clinical, financial, and operational teams
Scalable solutions for growing PI demands
Voices from the Top
Rajeev Ronanki, CEO Lyric
“This acquisition represents progress toward our long-term goal of scaling the business where we have unique expertise and insights.”
Ravi Umarji, CFO & CSO, Lyric
“ClaimShark accelerates our evolution beyond pre-pay editing and positions us for future growth.”
Suresh Kothapalli, CEO ClaimShark
“Together, we’re building a more intelligent and integrated payments system.”
Ram Davaloor, GM and President, Lyric Platforms
“We’re building a real-time intelligence platform that empowers health plans to predict trends, act early, and deliver greater value with precision.”
About Lyric:
A healthcare technology company with over 35 years of experience in pre-pay editing and 2025’s Best in KLAS for Pre-payment Accuracy and Integrity. Lyric helps eliminate payment inaccuracies at scale—powering transparency, efficiency, and value across the healthcare system.
About ClaimShark:
ClaimShark delivers purpose-built payment integrity tools designed for audit scalability, vendor optimization, and AI-first claims review. Now part of Lyric, ClaimShark solutions bring next-gen precision to payment integrity programs.
