Strategic deal expands business opportunities in government sector
MEMPHIS, Tenn., Sept. 22, 2021 – Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, today announced it has acquired Managed Care Advisors, Inc. (MCA), a Bethesda, Maryland-based government contracting firm and leading provider of workers’ compensation and specialty health plan products and services to the U.S. federal government.
Managed Care Advisors’ expertise includes a comprehensive, outsourced federal agency workers’ compensation case and claims management solution, anchored by the full functionality of its technology platform. MCA’s federally compliant solutions and established performance record will broaden Sedgwick’s access to a wide range of public sector opportunities. The acquisition will also enable MCA to expand its breadth and depth of offerings to the government to include a broad array of world-class risk management and claims solutions that Sedgwick currently delivers in the commercial sector.
“Sedgwick and Managed Care Advisors have a shared focus on delivering excellence and taking care of people,” said Elizabeth Demaret, Sedgwick president, specialty. “We are well aligned to optimize outcomes for our clients and look forward to bringing our combination of value-added services to the employees of federal government agencies.”
MCA will operate as a wholly owned subsidiary of Sedgwick Public Sector, a Sedgwick holding company dedicated to delivering claims services to government entities.
“Joining forces with Sedgwick opens the door to new opportunities for bringing the public sector an even higher level of industry best practices and expertise,” said Lisa Firestone, Managed Care Advisors president and CEO. “I’m excited for what lies ahead in our next chapter with Sedgwick.”