MCMC LLC Announces Acquisition of Patriot Risk Management, Inc.'s Managed Care Service Business

Jun 24, 2011, 18:48 ET from MCMC LLC

BOSTON, June 24, 2011 /PRNewswire/ -- MCMC LLC ("MCMC") is excited to announce the acquisition of Patriot Risk Management, Inc.'s ("PRMI") managed care service business resulting from a partnership dating back to 2006.

(Logo: http://photos.prnewswire.com/prnh/20110624/DC26123LOGO)

Over 5 years ago, MCMC began providing a Bill Review and PPO network processing solution for PRMI, which evolved into a full service care management program including case management, panel management, and strategic network development.

The PRMI care management program has resulted in increased network penetration, enhanced medical savings, and improved claims outcomes for Patriot National Insurance Group.

MCMC will be acquiring and running the managed care service program as Managed Care Risk Services ("MCRS"), a division of MCMC. MCRS will continue to be led by Tim Ermatinger, as Executive Vice President, establishing continuity for clients and allowing for a seamless business integration.

This division will be dedicated to handling bundled workers' compensation programs, offering an integrated service platform for carriers, employers and TPA's.

"We are truly excited to own, and anticipate expanding upon, the successful care management model built by PRMI, leveraging MCMC's 7 years of investing in applications, networks, and integrated processing solutions," said Michael Lindberg, President & CEO, MCMC.

About MCMC

MCMC provides customized managed care and integrated service programs through its proprietary applications. Our continuum of services include first report of injury, case management, utilization management, peer review, independent medical exams, medical bill review, including application of PPO network solutions, surveillance, claims investigation, medical record procurement and Medicare set-asides. MCMC provides these services to insurers, claims administrators, and self-insured entities in workers' compensation, disability, group health, auto, and general liability markets. Since 2003, the company has successfully acquired, developed, and expanded its service offering to provide innovative cost containment solutions. www.mcmcllc.com

Contact:
Robert Millerick
Corporate Counsel, MCMC
617-375-7761
robert.millerick@mcmcllc.com

Timothy J. Ermatinger
Executive Vice President, MCRS
954-703-8008
TErmatinger@patriotrs.com

SOURCE MCMC LLC



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