MCMC Is Pleased To Announce The Strategic Sale Of Its Managed Care Risk Services Program Business To Patriot Care Management, Inc.
BOSTON, Aug. 11, 2014 /PRNewswire/ -- MCMC LLC ("MCMC") is pleased to announce the strategic sale of its Managed Care Risk Services ("MCRS") program business to Patriot Care Management, Inc. ("PCM"), an affiliate of Patriot National Insurance Group ("PNIG"). "After three successful years of MCRS program partnership with PNIG, the opportunity to reintegrate the managed care offering with PCM provided enhanced value for both respective organizations going forward" stated Michael Lindberg, CEO of MCMC.
MCMC will continue to provide medical bill review, PPO access, First Report of Injury and Case Management software services to Guarantee Insurance Company ("GIC") and Patriot Risk Services, Inc. (affiliates of PNIG), under a customized service agreement with MCRS.
About MCMC
MCMC is a leading national managed care services company headquartered in Quincy, MA with operating centers in 14 locations throughout the United States. MCMC delivers a viable national alternative for managed care services to the claims market through a flexible service model and proprietary systems. MCMC has developed proprietary web based software applications to support all of its core services and operations allowing its customers to easily manage their medical costs through our online applications.
About PNIG:
The PNIG companies specialize in providing workers' compensation insurance and develop innovative solutions that help its clients contain costs and minimize risk through a wide array of insurance products and services. Through its subsidiaries, GIC and Patriot Underwriters, Inc., produces, underwrites and administers alternative and traditional market workers' compensation insurance plans for insurance companies, segregated cell captives and reinsurers.
Contacts:
Robert A. Millerick
Executive Vice President and General Counsel, MCMC
401-437-6485
[email protected]
Timothy J. Ermatinger
Executive Vice President, MCRS
954-703-8008
[email protected]
SOURCE MCMC LLC
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