Announced
Completed
Financials
Sources
Tags
Single Bidder
Friendly
medical management solutions
Acquisition
Medical Services
Domestic
Majority
Completed
United States
Private
Synopsis
Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, completed the acquisition of Orchid Medical, a nationwide provider of ancillary medical management solutions. Financial terms were not disclosed. "Together with Orchid, we will strengthen our holistic approach to caring for clients' injured and ill colleagues, helping them return to maximum health and productivity. This acquisition enables us to provide employers with a single point of service for a broad range of ancillary care needs while strengthening our workers' compensation and managed care capabilities and our commitment to taking care of people when they need us most," Andrea Buhl, Sedgwick President of Managed Care.
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