Navigation Links
HealthSmart Acquires Mountain States Administrative Services
Date:1/22/2013

Dallas, Texas (PRWEB) January 22, 2013

HealthSmart Holdings, Inc. today announced that it continues to expand its national footprint with the acquisition of Mountain States Administrative Services, a division of Lovitt & Touché, Inc., one of the largest brokerage firms in the nation. While terms of the transaction were not disclosed, HealthSmart has acquired all of Mountain States operating assets relating to third-party administration (TPA) services, effective December 31, 2012.

Mountain States is based in Tucson, Arizona, and provides partially self-funded employer benefits administration through the development of customized plans designed to maximize cost savings while maintaining employee satisfaction. The company administers healthcare benefits to approximately 26,000 individuals across 46 states. As part of the transaction, 42 Mountain States employees will join HealthSmart.

Kathy Major, Executive Vice President of HealthSmart Benefit Solutions, will oversee the operations of Mountain States, along with HealthSmart's existing western region operations in Denver, supporting the Company’s delivery of value-driven healthcare solutions to a nationwide client base.

“We welcome the Mountain States clients and employees to the growing HealthSmart family,” said Daniel D. Crowley, Chairman of HealthSmart. “We are a natural fit for TPAs seeking a strong partner, and we have completed four such acquisitions in the past year. Our size, geographic coverage and high quality, integrated managed care offerings make it possible for HealthSmart to meet the health benefit needs of self-funded employer groups of all sizes.”

Jim Pennington, President of HealthSmart, said, “This acquisition builds on our national growth strategy, and we are excited to have a footprint in the Arizona market and to continue to expand our capabilities in the western part of the U.S. The business culture of the two organizations makes this a positive transaction for employees and clients. We are pleased to have the Mountain States team join HealthSmart.”

Steve Touché, President of Lovitt & Touché, Inc., said, “Mountain States was started almost 40 years ago to provide customized services to our clients. Our customer service and entrepreneurial spirit have allowed us to deliver creative solutions that meet the individual needs of our clients. That spirit will continue with HealthSmart, leveraging their managed care resources and strong service and technology platforms for our clients.”

About HealthSmart
HealthSmart is based in Irving, Texas and has several service locations across the country. HealthSmart is dedicated to delivering integrated, self-funded solutions via proprietary products and services, including benefit administration, provider networks and care management. HealthSmart’s mission is to improve health while reducing overall healthcare costs.

Read the full story at http://www.prweb.com/releases/2013/HealthSmartAcquiresMSA/prweb10285909.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Crystal Travel Center in Thousand Oaks Acquires New Cruise Deal to Help Members Travel More
2. USHEALTH Group, Inc. Acquires Enterprise Life Insurance Company
3. Visiopharm Acquires Digital Pathology Consultants
4. Oxford University Press acquires American Journal of Hypertension
5. Oxford University Press acquires joint ownership of Journal of Surgical Case Reports
6. 23andMe acquires CureTogether, Inc.
7. New Rocky Mountain Architectural Hardware Series Combines Artisan-quality Style and Beauty with CuVerro® Antimicrobial Copper
8. Public ecology could help resolve mountaintop mining issues
9. Marilyn B. Gula Mountains of Hope Foundation grants $100,000 to TGen
10. Is acetazolamide effective and safe for preventing acute mountain sickness?
11. Be Present Welcomes Wanderlust Festival to Copper Mountain, Colorado
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/25/2017)... ... April 25, 2017 , ... Patients who would ... results in a fraction of the time as traditional braces – Wilckodontics®. Dr. ... Specialists, now offers this revolutionary treatment with or without a referral. , ...
(Date:4/25/2017)... ... ... MD is committed to providing the highest quality of spine care to all his patients. ... all my patients to alleviate possible future issues. I am pleased to have you as ... my trained staff will assist you in any way possible.” , Dr. Saad Chaudhary is ...
(Date:4/25/2017)... ... April 25, 2017 , ... Amendia, Inc., ... of its strategic partnership with and platinum sponsorship of Global Spine Outreach (“GSO”), ... and effective management of complex spine deformity cases, particularly in children. , GSO’s ...
(Date:4/24/2017)... ... April 24, 2017 , ... Ridgecrest Herbals makes it ... innovate new strategies to reduce waste, and support renewable energy. They believe this is ... to nature to find solutions for health issues, and maintain that destroying the environment ...
(Date:4/24/2017)... Calif. (PRWEB) , ... April 24, 2017 , ... The ... $1.6 million in charitable dental services to 1,961 people during the April 22-23 event ... at no charge to Californians who experience barriers to care, CDA Cares educates the ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)...  AbbVie (NYSE: ABBV), a global biopharmaceutical company, ... hepatitis C virus (HCV) infected patients with genotype ... cirrhosis (Child-Pugh A) achieved sustained virologic response at ... investigational, pan-genotypic regimen of glecaprevir/pibrentasvir (G/P). These high ... weeks of G/P treatment without ribavirin. Patients with ...
(Date:4/20/2017)... April 20, 2017 Research and Markets ... Contract Manufacturing Services Market Analysis By Service (Manufacturing, Research), By ... 2014 - 2025" report to their offering. ... The Latin American pharmaceutical contract ... by 2025 Low drug registration cost in Latin ...
(Date:4/19/2017)...  IRIDEX Corporation (Nasdaq: IRIX ) today ... first quarter 2017 after the close of trading on ... host a corresponding conference call beginning at 2:30 p.m. ... in listening to the conference call may do so ... 326-3030 for international callers, using conference ID: 92158987.  A ...
Breaking Medicine Technology: