IBH Population Health Solutions, a leader in behavioral health, announced the completion of its acquisition of HMC Healthworks, adding world class chronic condition management, data analytics, wellness and pharmacy specialty services to its portfolio of services. In addition, HMC HealthWorks’ pedigree and expertise in Managed Behavioral Health, EAP and Opioid & Pain Management further expand IBH’s already robust capabilities in these areas. The combined companies bring one of the nation’s most comprehensive, whole person focused and digitally sophisticated product and service portfolios to the market. Industry leading ROIs are accomplished through an integrated care approach delivered through tailored digital tools and highly experienced, URAQ accredited, care management teams.
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Speaking on the transaction, Dan Clark, CEO of IBH commented, “Today marks an important day for IBH, HMC and our customers. We have had the privilege of working alongside HMC for years and have long admired the company that Dr. Jan DiMonaco, its founder, has built. Both companies have deep experience in behavioral health and recognize how impactful an integrated care approach can be to improving patient outcomes. According to a recent analysis by the Center for Disease Control and Prevention (CDC), 90% of the nation’s $3.5 trillion in annual healthcare are for people with chronic and mental health conditions. We’ve seen how powerful an integrated approach can be and are excited to drive even better outcomes for our collective customers. IBH’s strength in digital health care, combined with HMC’s excellence in chronic condition management and addressing gaps in care, will deliver best in class outcomes for our customers from coast to coast.”
“Lastly, and importantly,” Clark added, “Jan and I have been working together for over a year to ensure that as our companies combine, our Government, Labor Relations & Trust and Commercial customers continue to receive the high level of service and outcomes they’ve grown to expect from us. Jan will not only be part of IBH’s board but has committed to work in partnership with me to ensure that happens. I want to thank Dr. DiMonaco, our customers and millions lives that we collectively serve, for entrusting us with their business and care.”
Jan DiMonaco, speaking about the transaction said, “We’ve found a kindred spirit in IBH. Their unwavering focus on quality, innovation, outcomes and dedication to service, align precisely with our own. I’m excited for what’s to come for the members and customers we are so privileged to serve. I am looking forward to working with Dan and his team to take our combined organizations to the next level.”
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