Managed care services provider Genex buys M HayesReprints
Managed care services provider Genex Services L.L.C. has acquired Hunt Valley, Maryland-based managed care company M Hayes.
Terms of the deal were not disclosed.
The founders of M Hayes, President and CEO Melinda Hayes and professional services director Helen Froehlich, will take leadership positions at Genex to help ensure a seamless transition for customers, Genex said Friday in a statement.
“Our acquisition of M Hayes underscores Genex's strong commitment to clinical services and the critical role they play in controlling medical costs and disability duration,” Genex President and CEO Peter Madeja said in the statement. “Combining these capabilities with our broad continuum of managed care services allows us to bring additional case management expertise to our customers and improve outcomes by returning injured workers back to work quickly and safely.”
The acquisition brings the number of Genex employee case managers to more than 1,600, according to the statement.