SOURCE: Paradigm Outcomes

Paradigm Outcomes

October 07, 2016 08:00 ET

Paradigm Outcomes Acquires the ALARIS Group

Acquisition Expands Paradigm's Business and Presence in New Strategic Growth Markets

WALNUT CREEK, CA--(Marketwired - October 07, 2016) - Paradigm Outcomes, the nation's leading provider of complex medical management services, has acquired the ALARIS Group, Inc.

ALARIS' case management services and Paradigm's expertise in managing catastrophic injuries and complex pain form a comprehensive resource for case management solutions. While each company will retain separate product lines, customers will gain seamless access to an expanded set of business solutions.

"With this acquisition, we instantly expand Paradigm's customer base and add flexibility to respond strategically to regions with growing case volume," said Jim Hudak, Paradigm's Chairman and Chief Executive Officer. "Though this deal benefits each company, the real winners are our clients, who will receive a broader range of uninterrupted services. I am excited about this new chapter as we continue improving the lives of people with medical needs across the country."

Marijo Storment, RN, BSN, CCM, CEO of ALARIS will report to Tom Mastri, Paradigm's Chief Financial Officer and Chief Administrative Officer.

"ALARIS has built a strong network of case management professionals devoted to helping injured workers achieve lasting success," said Storment. "Our shared focus on outcomes and experience working together on a number of cases give me great confidence that together we can accelerate the growth of both businesses."

Paradigm's core business will remain unchanged. ALARIS will be a wholly owned subsidiary of Paradigm and operate as a separate brand. Clients will continue to receive exceptional service from the teams they presently work with at Paradigm and ALARIS.

About the ALARIS Group

The ALARIS Group specializes in workers' compensation and disability case management. ALARIS' services facilitate timely communication, while reducing medical and disability costs. The sophisticated case management process aims to collaboratively determine how best to implement, coordinate, monitor and evaluate an individual's unique health needs so that the injured party has a timely and successful return to work. ALARIS has a rich history, extensive expertise and responsive services for clients of all sizes, serving all 50 states with a national network of professionals to meet the unique needs of a diverse customer base.

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 25 years of clinical data to guide decisions. For more information, visit www.paradigmcorp.com.

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