Prime Health Acquires Majority Interest in Applied Metrics, a Medical Outcomes-Based Company
NASHVILLE, Tenn.--(BUSINESS WIRE)-- Prime Health Services, one of the nation’s largest workers’ compensation, group health, and first party auto liability PPO networks, is pleased to announce it has acquired majority interest in Applied Metrics (a holding of BRM Global Inc.). Applied Metrics provides expertise in analyzing medical outcome-based data for the workers’ compensation, auto liability, and health markets.
“Prime Health Services has taken the next evolutionary step in its growth by acquiring majority interest in Applied Metrics. This acquisition reaffirms Prime Health’s commitment to providing the market with a quality PPO network based on measurable medical outcome data,” said Brian A. Sharp, President and CEO of Prime Health Services Inc. He further stated that “Prime’s approach of customizing PPO solutions for our clients now will include the ability to offer them providers with demonstrated patient outcomes, and thus a better ability to control costs.”
The integration of services between Applied Metrics and Prime Health Services is expected to be completed by the end of the first quarter of 2011. This addition makes Prime Health the only known non-risk bearing and payer neutral workers’ compensation PPO to offer an outcomes-based model for all provider specialties.
About Prime Health
Founded in 1996 and based in Brentwood, TN, Prime Health Services (Prime Health) is a managed care company that offers a full spectrum of services, including a Preferred Provider Organization (PPO) ready for access with customizable solutions, as well as repricing offerings. Prime Health’s PPOs include Workers’ Compensation, Group Health, and Auto Liability networks. Prime Health has over 700,000 providers and facilities nationwide forming the Prime Health National Delivery System. Prime Health offers our National Delivery System to the TPA, insurance carrier, and self-insured markets. More Information is available at www.primehealthservices.com or by calling 1-866-348-3887.
KEYWORDS: United States North America Tennessee
INDUSTRY KEYWORDS: Health Professional Services Insurance General Health Managed Care