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Medlogix, LLC completes acquisition of ReviewWorks to strengthen medical claims management solutions

Jul 08, 2024•over 1 year ago

Acquiring Company

Medlogix

Acquired Company

ReviewWorks

HamiltonMichiganMedicalHealth Care

Description

Medlogix, LLC, a leading national medical claims management solutions provider, has announced the acquisition of ReviewWorks, a premier provider of medical cost containment solutions and disability management services. The strategic combination aims to deliver customized, highly effective, and quantifiable claims management solutions to their clients, providing maximum value to their customers.

Company Information

Company

Medlogix

Location

Hamilton, New Jersey, United States

About

Medlogix’s offerings include a seamless collaboration through its proprietary MyMedlogix™ technology, recommendations from highly qualified medical professionals, and access to a national network of premier health care providers. We offer a comprehensive solution for streamlining insurance claims, backed by more than 35 years of claims management experience and powered by advanced technology. However, what makes us truly different is the standard we set for ourselves regarding our customer service. It begins by coming to work each day and continuing to improve upon everything we do. Whether it’s our process, our technology, an idea that advances the industry, or any aspect of the customer experience, we are committed to making a positive impact, and it is why we can say with confidence, “Expect Exceptional.” Visit https://medlogix.com to learn more.

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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