Feb 15 2011
Prime Health Services, one of the nation's largest workers' compensation, group health, and first party auto liability PPO networks, is pleased to announce it has acquired majority interest in Applied Metrics (a holding of BRM Global Inc.). Applied Metrics provides expertise in analyzing medical outcome-based data for the workers' compensation, auto liability, and health markets.
"Prime Health Services has taken the next evolutionary step in its growth by acquiring majority interest in Applied Metrics. This acquisition reaffirms Prime Health's commitment to providing the market with a quality PPO network based on measurable medical outcome data," said Brian A. Sharp, President and CEO of Prime Health Services Inc. He further stated that "Prime's approach of customizing PPO solutions for our clients now will include the ability to offer them providers with demonstrated patient outcomes, and thus a better ability to control costs."
The integration of services between Applied Metrics and Prime Health Services is expected to be completed by the end of the first quarter of 2011. This addition makes Prime Health the only known non-risk bearing and payer neutral workers' compensation PPO to offer an outcomes-based model for all provider specialties.