ADP Integrated Medical Solutions acquires Integrated Health Management Inc.; deal expands company's automotive and workers' comp service capabilities to 50 states.BETHESDA, Md.--(BUSINESS WIRE)--Feb. 25, 1997--ADP Integrated Medical Solutions (IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. ), a business unit of ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Inc., the $3.5 billion information technology firm, has acquired Integrated Health Management Inc. (IHM IHM Immaculate Heart of Mary (Roman Catholic religious order) IHM Interface Homme Machine (man-machine interface) IHM Institute of Healthcare Management (UK) ), a Honolulu-based provider of medical claims management, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Gary Twigg Gary Twigg (born 19 March 1984 in Glasgow, Scotland) is a Scottish footballer who plays with Oxford United in the Conference National. Career Derby County Twigg began his career with English club Derby County having germinated through the youth system. , ADP IMS executive vice president and general manager. Specific terms of the acquisition were not disclosed. The asset purchase includes two of IHM's affiliates: Medical Billing Review Services Inc. and Apple Health Systems Inc. Integrated Health Management will operate as ADP Integrated Medical Solutions -- Hawaii. Company co-founder and president, Kris Kadzielawa, will serve as the director of Hawaii operations. "We are delighted to join forces with Integrated Health Management, which has consistently doubled its business each year by providing innovative cost-effective services in Hawaii," said Twigg. "Moreover, this acquisition allows our organization to bring medical cost-containment strategies to the insurance industry in all 50 states." "We know this relationship will be a great match for both companies, our employees and our clients," said Kadzielawa. "Most important, this acquisition means that consumers in Hawaii will benefit from the expansion of programs that will help employers and insurance carriers contain medical costs," said Kadzielawa. Integrated Health Management's current client base includes many of Hawaii's workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. insurers as well as several large employers such as the City and County of Honolulu and the County of Hawaii. Integrated Medical Solutions (IMS) is a division of ADP Claims Solutions Group (CSG CSG - constructive solid geometry ), whose clients include most of the top insurers in North America. IMS provides the insurance industry and its business partners with a fully integrated approach to medical claims management. The company's areas of expertise include information management, managed care and review services. Roseland, N.J.-based ADP is one of the largest computing services in the United States. Integrated Medical Solutions (IMS) has headquarters at 10401 Fernwood Road, Suite 250, Bethesda, Md. 20817-1110; 301/564-6696. CONTACT: ADP Integrated Medical Solutions Brooke Kane, 301/571-4712 Kris Kadzielawa, 808/531-2273 Brenna Harrington, 310/284-3119 |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion