US-based Prime Health Services (Prime) has acquired Casualty Management Network (CMN), broad based PPO network.
Colorado-based CMN provides workers’ compensation, group health, and auto markets while the coverage and discounts are substantial.
Prime CEO Brian Sharp said that the acquisition will enhance Prime’s coverage in Colorado for all of its product lines and continues to enhance its place in the PPO market.
"Our clients will see an immediate impact on Prime’s coverage and savings in Colorado," Sharp added.
As stated by Prime’s VP of Network Management, Dorrence Stovall, "Prime’s strategy also includes acquiring regional and local PPOs. CMN was a perfect fit with Prime and our overall business plan."
The acquisition is a part of its business strategy to aggressively contract the most sought after providers.
Established in 2001, Prime Health Services provides a full spectrum of services, including a Preferred Provider Organization (PPO) ready for access with customisable solutions, as well as other cost containment services.
The medical cost containment company PPOs include Workers’ Compensation, Group Health, Corrections, and Auto Liability networks.