Paradigm Outcomes to Acquire ForeSight Medical
OREANDA-NEWS. September 28, 2017. Paradigm Outcomes, the nation’s leading provider of medical management services for catastrophically injured workers, has entered into a definitive agreement to acquire ForeSight Medical. Together, ForeSight’s suite of surgical management solutions combined with Paradigm’s expertise in complex and catastrophic injuries will form the most comprehensive resource available for high-cost, high-acuity and complex care management. The transaction is expected to close in October.
“With the acquisition of ForeSight, we continue to expand the breadth and depth of Paradigm’s capabilities for managing the most complex cases and improving outcomes for injured workers,” said Jim Hudak, Paradigm's Chairman and Chief Executive officer. “Though this acquisition will create strategic synergy between two highly focused companies, the real winners are the injured workers we care for, and our clients, who will benefit from an expanded set of innovative services. I am excited about this new chapter as we continue to improve the lives of people with complex medical needs.”
Paradigm’s core business will remain unchanged. ForeSight Medical will operate as a wholly owned subsidiary of Paradigm and will maintain its separate brands. Clients will continue to receive exceptional service and unparalleled commitment to innovation from the teams they presently work with at Paradigm and ForeSight.
About Paradigm Outcomes
Paradigm Outcomes provides acute and ongoing case management services for people with acquired brain injuries, spinal cord injuries, multiple traumas, amputations, burns and chronic pain. As the nation’s leading provider of complex and catastrophic medical management in the workers’ compensation industry, Paradigm achieves 5x better medical outcomes and lowers total costs by 40%. Paradigm accomplishes this by bringing together nationally recognized doctors, nurses and specialists, the best network of care facilities in the country, and more than 25 years of clinical data to guide decisions. For more information, visit www.paradigmcorp.com.
About ForeSight Medical
ForeSight Medical delivers the most comprehensive suite of surgical management solutions in the workers’ compensation marketplace. A pioneer in the space, ForeSight combines unmatched industry experience, a dynamic implant management platform, Fusion™, and best in class provider relationships to deliver meaningful healthcare solutions that decrease cost for their payer clients while improving clinical outcomes for patients.
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