Walnut Creek, CA – Paradigm Outcomes, a manager of catastrophic and complex cases for the workers’ compensation industry recently announced it has acquired Adva-Net, an ancillary network for high-acuity workers’ compensation claims, providing services for comprehensive pain management, post-acute care management and addiction recovery.
The acquisition will strengthen Paradigm’s specialty network footprint and capabilities, accelerate new product development, and complement our core catastrophic and complex care management offerings.
“Our aim at Paradigm is to improve more lives and set a new standard for managing complex healthcare needs,” said John Watts, CEO, Paradigm Outcomes.
“To grow to the next level, we recognized the strategic value of joining forces with another market leader who shares our vision. Adva-Net diversifies our solutions while deepening our focus on clinically driven, network-based and outcomes-focused offerings for individuals with catastrophic injuries and complex medical issues. With the acquisition of Adva-Net, and our prior acquisition of ForeSight Medical, Paradigm is in a strong position to become the nation’s leading specialty network platform, supported by the industry’s foremost clinical and business leadership team.”
“Adva-Net has built a solid platform for specialty networks,” said Dr. Kenneth (Ken) Hannigan, CEO of Adva-Net. I am looking forward to working with John and the team at Paradigm to create the next generation of solutions for complex care management.”