PHILADELPHIA, PA — Lyric announced that Halsey Wise has been appointed chief executive officer, effective immediately, marking a leadership transition at the fast-growing healthcare technology company as it looks to accelerate adoption of its AI-enabled platform.
Wise, who has served on Lyric’s board of directors since 2022, succeeds Raj Ronanki, who has moved into an advisory role to support the company’s next phase of growth. The change places a longtime healthcare and software executive at the helm as Lyric expands its role in the healthcare payments landscape.
“Having experienced Lyric’s dynamic growth as a member of the Board, I am honored to join as CEO to propel our next chapter,” Wise said. He pointed to Lyric’s AI-enabled solutions, including the Lyric42 platform, as key drivers of efficiency and accuracy for health plans and the broader healthcare ecosystem, extending value beyond traditional prepay editing and payment integrity.
Lyric’s board said Wise brings deep familiarity with the company’s operations and customers at a time when demand is rising for technology that can streamline complex healthcare payment processes.
“Halsey knows Lyric’s business, customers, and industry extremely well,” said Bill Miller, chairman of Lyric’s board of directors. He thanked Ronanki for his leadership in building Lyric into what he called a market-leading solutions provider.
The leadership transition was also endorsed by Lyric’s financial backers. Jeff Rhodes and Nehal Raj, co-managing partners of TPG Capital, said Wise’s decades of experience leading healthcare technology and software organizations position him to accelerate the company’s momentum. They also credited Ronanki with helping rearchitect Lyric’s technology stack and AI strategy.
Ronanki said he is proud of what the company has accomplished and expressed confidence in Wise’s leadership as he steps into an advisory role.
Wise brings more than 30 years of executive experience. He currently serves on the boards of Nextech Systems, where he is chairman, Lyric, and WellSky, and is a senior advisor to TPG Capital. His prior roles include chairman, chief executive officer and president of Intergraph and chairman and CEO of MedAssets. He has also served on the boards of several publicly traded technology and healthcare companies.
Wise holds an MBA from Northwestern University’s Kellogg School of Management and a bachelor’s degree from the University of Virginia.
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