March 20, 2018

Concordia Care, Inc. Completes Acquisition of Atlantic Imaging Group and iHCFA

Miami, FL – Concordia Care, Inc. (Concordia), a specialty risk-transfer company, announces the completion of its acquisition of Atlantic Imaging Group (Atlantic), a national Diagnostic Testing Network (DTN) with contracted radiology facilities in 48 states. In connection with the completion of the transaction, Concordia also acquired iHCFA, a nationwide claims clearinghouse platform.

“I am thrilled that we have completed the acquisition of AIG and related companies,” says Joseph Berardo Jr., CEO, Concordia. “Atlantic’s long history of providing the workers’ compensation and no-fault auto accident sector with access to quality diagnostics, combined with Concordia’s risk-transfer programs for large loss cases, makes an ideal pairing.”

He points out that the related acquisition of iHCFA, a nationwide claims clearinghouse platform, puts Concordia at the forefront of providing technology-enabled solutions that can positively impact the treatment outcomes of injured workers.

“The iHCFA system provides Concordia with access to data and the ability to create early warning claim triggers to identify common clinical conditions putting individuals at risk of delayed recovery,” Berardo concludes. “The acquisition of AIG and iHCFA align with our patient-centered strategy to advance access to quality care through our P2R model, and improve overall quality of life for injured workers.”

Source: Concordia Care

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