Sedgwick Claims Management Services Inc. on Wednesday announced it has acquired Managed Care Advisors Inc., 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.
Terms of the deal were not disclosed.
MCA’s expertise includes a comprehensive, outsourced federal agency workers compensation case and claims management solution, anchored by the full functionality of its technology platform, according to a statement.
Sedgwick said in its statement that MCA’s federally compliant solutions and performance record will broaden the company’s access to a wide range of public sector opportunities.
MCA will operate as a wholly owned subsidiary of Sedgwick Public Sector, a Sedgwick holding company dedicated to delivering claims services to government entities, according to the statement.
Sedgwick is the No. 1 third-party administrator in the latest Business Insurance rankings.