MedRisk Acquires Horizon Casualty Services PPO Network Business

MedRisk Acquires Conduent's Casualty Claims Solutions Business (StrataCare)

September 4, 2024

Healthcare Services

MedRisk has completed the acquisition of Conduent’s Casualty Claims Solutions business, including the Strataware product portfolio; the acquired business will operate as StrataCare. The deal expands MedRisk’s medical bill review and casualty claims capabilities to better serve workers’ compensation and auto insurance carriers, third‑party administrators, and self‑insured employers.

MedRisk Acquires Medata

January 9, 2024

Healthcare Services

MedRisk, a leading managed care organization focused on physical rehabilitation for workers' compensation, has acquired Medata, a provider of cost containment and document management solutions for the workers' compensation and auto liability markets. The deal expands MedRisk's care management and cost-containment capabilities and enables combined data assets to drive new insights and product innovation for customers, patients, and provider partners.

Honor Health Care Network Acquires First Horizon Management, LLC

June 28, 2024

Healthcare Services

Honor Health Care Network, a Ridgefield Park, New Jersey-based home care organization, acquired Indianapolis-based First Horizon Management, LLC (doing business as First Horizon Home Health Care) in a transaction that closed June 28, 2024. First Horizon, founded in 2017, provides skilled and unskilled in-home care and operates a Certified Nursing Assistant school serving over 200 individuals; Generational Group advised the seller on the sale.

Hub International Acquires Assets of Horizon Insurance, Inc.

August 9, 2023

Insurance

Hub International Limited, through its Hub International New England affiliate, has acquired the assets of Worcester-based Horizon Insurance, Inc. The deal brings Orieta Kristo and the Horizon team into Hub New England to expand Hub’s personal and commercial insurance capabilities and strengthen its presence in Worcester and Central Massachusetts; terms were not disclosed.

CVC Fund VII Acquires Majority Interest in MedRisk

February 23, 2021

Healthcare Services

CVC Capital Partners’ Fund VII signed a definitive agreement to acquire a majority interest in MedRisk, a leading U.S. provider of managed physical medicine services for the workers’ compensation market. The Carlyle Group will retain a significant stake and maintain joint control while MedRisk’s management and founder will reinvest; the investment is intended to accelerate growth and expand the company’s market-leading services across the U.S.

Hub International Acquires Assets of Horizon Agency, Inc.

April 4, 2023

Insurance

Hub International Limited acquired the assets of Horizon Agency, Inc., an Eden Prairie, Minnesota insurance agency that provides commercial and personal insurance and employee benefits. The deal strengthens Hub’s commercial, personal lines and employee benefits capabilities in the Great Plains region; terms were not disclosed.