Acquiring Company
Medical Mutual of Ohio
Acquired Company
Paramount Health Care
ClevelandToledoInsuranceInsuranceDescription
Medical Mutual of Ohio has announced its intent to acquire Paramount Health, a Northwest Ohio-based health insurance company owned by ProMedica. This acquisition aligns with the goal of both companies to help people live healthier and strengthens Medical Mutual’s position as a trusted healthcare navigator in Ohio. Paramount will continue to offer high-quality health plans as a wholly owned subsidiary of Medical Mutual.
Quick answer
Medical Mutual of Ohio is acquiring Paramount Health Care, announced January 29, 2024. Medical Mutual of Ohio is based in Cleveland, Ohio, United States.
- How much did Medical Mutual of Ohio pay for Paramount Health Care?
- The deal value was not disclosed.
- What does Medical Mutual of Ohio do?
- Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio.
- Where are Medical Mutual of Ohio and Paramount Health Care based?
- Medical Mutual of Ohio is based in Cleveland, Ohio, United States. Paramount Health Care is based in Toledo, Ohio, United States.
- Who are the decision-makers at Medical Mutual of Ohio?
- Fundz holds 1 contact at Medical Mutual of Ohio. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Medical Mutual of Ohio, and when
When Medical Mutual of Ohio changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Medical Mutual of Ohio raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Related People
Frequently asked
Who acquired Paramount Health Care?
Paramount Health Care was acquired by Medical Mutual of Ohio, based in Cleveland. The deal was reported on January 29, 2024. Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio. Medical Mutual of Ohio is privately held and operates in Insurance.
When did Medical Mutual of Ohio acquire Paramount Health Care?
Medical Mutual of Ohio's acquisition of Paramount Health Care was reported on January 29, 2024. Medical Mutual of Ohio has announced its intent to acquire Paramount Health, a Northwest Ohio-based health insurance company owned by ProMedica. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Paramount Health Care do?
Established in 1988, Paramount is a locally owned and operated health insurance company, headquartered in Maumee, Ohio. It is privately held, operating in Insurance, and is based in Toledo.
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