MCMC llc Acquires CORE, INC.'s Peer Review Analysis Division
PORTLAND, Maine and BETHESDA, Md., Oct. 10 /PRNewswire/ -- CORE, INC. and MCMC llc announced today the completion of the acquisition of the Peer Review Analysis Division, a national provider of independent review services, by MCMC llc. The new MCMC llc company is the combination of Peer Review Analysis and Medical Care Management Corporation. "This transaction will allow CORE to concentrate on our investment in our market-leading disability and employee absence management businesses, while allowing Peer Review Analysis the opportunity to build on its strong performance as a leader in the independent review industry," said James Fallon, co-president of CORE. "I am honored to be able to lead a tested team of experienced professionals who have demonstrated their ability to deliver outstanding services and the creativity necessary to develop innovative products," explained Peter Goldschmidt, chief executive officer of MCMC llc. "The combination of both companies' full suite of services will allow us to provide the broadest range of health information services that will increasingly be necessary as health care becomes more complex and consumers become more aware of their rights." Peer Review Analysis will maintain its current operations in Boston under the same leadership, using the name MCMC llc, and will retain the PRA(R) service mark to identify its established peer review services. "I am thrilled by the opportunity to work with Peter Goldschmidt and his team, and I am confident that his vision and leadership will enable us to provide even more value to our clients and employees," said Stuart Greer, president of MCMC llc, and formerly the managing director of Peer Review Analysis. "Our current and future clients will benefit from a larger network of medical experts, the combined experience and expertise of our staff, and broader service capabilities, such as the Medical Care Ombudsman Program, technology consultations and the Report on Medical Guidelines and Outcomes Research publication." About Peer Review Analysis Founded over 18 years ago, Peer Review Analysis is one of the nation's largest independent review organizations, processing in excess of 50,000 objective reviews per year. Peer Review Analysis' Board Certified physicians represent extensive specialties and subspecialties, offering unbiased determinations, timely turnarounds and compliance with federal and state regulations. Its wide variety of programs provides the flexibility to meet virtually any type of expert review need for health care, pharmaceutical, workers' compensation, disability or other benefits. Peer Review Analysis was one of the first nationally accredited external review organizations in the United States. Peer Review Analysis was a division of CORE, INC., a leading provider of employee absence management, covering 1.8 million employees nationwide. CORE is part of Fortis, Inc., a financial services company that, through its operating companies and affiliates, has built leadership positions in a number of specialty insurance market segments. Fortis, Inc. is part of Fortis, a financial services provider active in the fields of insurance, banking and investment. For more information, visit www.coreinc.com . About Medical Care Management Corporation Medical Care Management Corporation was established in 1992 to help patients, employers, health insurers, managed care organizations and physicians make knowledgeable decisions about complex and contentious medical cases. Known primarily for their Medical Care Ombudsman Program (MCOP), the company provides independent, objective, credible, cost-effective expert analysis of cases in all domains of medicine at all levels of technology to all age groups to facilitate appropriate decision-making. For more information, visit the company's Web site at www.mcman.com . For further information, please contact: Peter Goldschmidt, Chief Executive Officer, +1-301-320-0971, email@example.com , or Stuart T. Greer, President, +1-800-227-1464, firstname.lastname@example.org , both of MCMC llc; or Mona Baset Winn, Director, Corporate Communications of CORE, INC., +1-949-442-2109, email@example.com . MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X92414948
SOURCE CORE, INC.; MCMC llc
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