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NationsBenefits® completes acquisition of General Vision Services to enhance vision solutions for Medicare Advantage customers

Dec 03, 2024about 1 year ago

Acquiring Company

NationsBenefits

Acquired Company

General Vision Services

PlantationNew YorkSoftwareHealth Care

Description

NationsBenefits®, the leading healthcare fintech, supplemental benefit, and outcomes and engagement platform for managed care organizations, has announced the acquisition of General Vision Services, a premier Managed Vision Care and Revenue Cycle Management company. This strategic acquisition expands NationsBenefits’ scope and position as the leading and only single platform for Medicare Advantage supplemental benefits.

Company Information

Company

NationsBenefits

Location

Plantation, Florida, United States

About

NationsBenefits is a leading supplemental benefits company that partners with managed care organizations to provide innovative healthcare solutions aimed at driving growth, improving outcomes, reducing costs, and delighting members. We surpass traditional benefit designs by taking a consultative approach to understanding each valued client’s objectives, and we offer customized programs that can be targeted or scaled to effectively engage members who have diverse needs. With our compliance-focused infrastructure, technology, care continuum and best-in-class service delivery model, health plans can depend on our company to maximize the value-based care delivered to millions of people who deserve a better quality of life.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed