M&A Deal Summary

Healthcare Solutions Acquires Modern Medical

On September 13, 2013, Healthcare Solutions acquired healthcare services company Modern Medical

Acquisition Highlights
  • This is Healthcare Solutions’ 2nd transaction in the Healthcare Services sector.
  • This is Healthcare Solutions’ 3rd transaction in the United States.
  • This is Healthcare Solutions’ 1st transaction in Ohio.

M&A Deal Summary

Date 2013-09-13
Target Modern Medical
Sector Healthcare Services
Buyer(s) Healthcare Solutions
Deal Type Add-on Acquisition

Target

Modern Medical

Lewis Center, Ohio, United States
Modern Medical, is a pharmacy management and specialty health services company serving the workers’ compensation market.

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Buyer(S) 1

Buyer

Healthcare Solutions

Duluth, Georgia, United States

Category Company
Founded 2007
Sector Healthcare Services
DESCRIPTION

Healthcare Solutions provides ancillary healthcare and cost containment services to the workers’ compensation and auto medical claims markets. The company provides pharmacy benefit management, injury case management, preferred provider organization networks, and bill review services.


DEAL STATS #
Overall 3 of 3
Sector: Healthcare Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Ohio M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-06 ScripNet

Las Vegas, Nevada, United States

ScripNet is a provider of pharmacy benefit management companies in North America, providing PBM services to more than 5 million employees through pharmacies in all 50 states. ScripNet is a 10-time winner of Inc. Magazine's annual listing of the 500/5000 fastest-growing privately held companies in the nation and this year celebrates its 15th year in business.

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