Sedgwick CMS Completes Acquisition of Nationwide Better Health Productivity Solutions
Memphis, Tenn., June 30, 2011 /PRNewswire/ -- Sedgwick Claims Management Services, Inc. (Sedgwick CMS) announced today that it has completed its purchase of Nationwide Better Health's Productivity Solutions division.
Sedgwick CMS' strategic acquisition of the Productivity Solutions business from Nationwide Better Health, a subsidiary of Nationwide, further solidifies its status as a national leader in absence and productivity management services. The transaction also expands Sedgwick CMS' established presence in the state of Ohio.
As of today's closing, Sedgwick CMS is pleased to welcome the employees of Nationwide Better Health's Productivity Solutions to its team of more than 9,400 talented professionals.
"The addition of Nationwide Better Health's Productivity Solutions to Sedgwick CMS strengthens our position as a market leader in the delivery of disability and absence management services," said David A. North, Sedgwick CMS president and CEO. "Today's closing has been months in the making, and we are excited to welcome the employees of Nationwide Better Health's Productivity Solutions as our new colleagues. They bring to our organization unique expertise in absence management that will help our clients minimize losses and improve productivity."
Nationwide, headquartered in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by A.M. Best. Its subsidiary Nationwide Better Health is a leading provider of health and productivity management solutions aimed at improving the health and productivity of America's workforce. For more information, visit www.nationwide.com.
About Sedgwick CMS
Sedgwick Claims Management Services, Inc. is the leading North American provider of innovative claims and productivity management solutions. Sedgwick CMS and its affiliated companies deliver cost-effective claims administration, medical management, risk consulting and related services to clients through the expertise of approximately 9,400 colleagues in more than 190 offices in the U.S. and Canada. The company specializes in workers' compensation; disability, FMLA and other employee absence; general, automobile and professional liability; alternative market; and warranty and credit card claims services as well as Medicare compliance solutions. Sedgwick CMS and its affiliates design and implement customized programs based on proven practices that meet client needs. To learn more, visit www.sedgwickcms.com.
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SOURCE Sedgwick Claims Management Services, Inc.