Today’s issue of WorkCompRecap features news from a topic that is very quickly becoming one of our most popular -acquisitions- as Avizent, a national claims and risk management service provider, announced their acquisition of F.A. Richard and Associates (FARA), a nationwide provider of claims administration and risk management solutions.
According to Avizent, this acquisition will make them the third largest independently owned TPA in the industry, and this is actually the second Avizent acquisition we’ve covered this year (see our previous post on their acquisition of Vantage Health Plan, Inc, the parent of an MCO in Ohio).
As we’ve said before, 2011 is looking like a banner year for acquisitions, and according to Managed Care Matters’ Joe Paduda, it looks like we’re still just getting started!
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