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SUNZ Holdings Announces Acquisition of Case Management Company Ascential Care Partners

June 5, 2018 - WorkCompWire

Bradenton, FL – SUNZ Holdings recently announced that it has acquired Ascential Care Partners, LLC, a national URAC accredited case management and utilization review company.

The purchase and associated capital contribution strengthen the financial position of Ascential and substantially enhance the ability of Ascential and SUNZ Holdings to control claims costs for their large deductible workers’ compensation insurance clients.

“This acquisition gives us the tools and expertise to make a meaningful difference to an injured worker’s recovery and return to normalcy. Ascential has consistently demonstrated that their early and meaningful involvement in a claim reduces ultimate claim costs by more than $6 on every $1 of investment and we are confident our policyholders will appreciate this expanded service offering,” said Steven F. Herrig, Chief Executive Officer of SUNZ Holdings.

Richard Leonardo, Chief Executive Officer of Ascential said, “Our relationship with SUNZ Holdings provides us with the resources to bring more nurses into our platform and become the premier one stop shop for telephonic and field nurse case management services. Culturally, both SUNZ Holdings and Ascential share a common thread, putting patients first.”

SUNZ Insurance provides large deductible workers’ compensation insurance and insurance services to professional employer organizations, staffing companies and large employers. It designs and administers custom workers’ compensation insurance programs, and provides loss control, claims administration, cost containment and subrogation services designed to minimize claim costs paid by large deductible clients.

Source: SUNZ Holdings

Filed Under: Industry News, Top Stories, Workers' Compensation

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