AP NEWS

SUNZ Holdings, LLC Acquires Case Management Company

June 5, 2018

BRADENTON, Fla.--(BUSINESS WIRE)--Jun 5, 2018--SUNZ Holdings announced that it has acquired Ascential Care Partners, LLC (“Ascential”), a national URAC accredited case management and utilization review company. The purchase and associated capital contribution strengthen the financial position of Ascential and substantially enhance the ability of Ascential and SUNZ Holdings to control claims costs for their large deductible workers’ compensation insurance clients.

“This acquisition gives us the tools and expertise to make a meaningful difference to an injured worker’s recovery and return to normalcy. Ascential has consistently demonstrated that their early and meaningful involvement in a claim reduces ultimate claim costs by more than $6 on every $1 of investment and we are confident our policyholders will appreciate this expanded service offering,” said Steven F. Herrig, Chief Executive Officer of SUNZ Holdings.

Richard Leonardo, Chief Executive Officer of Ascential said, “Our relationship with SUNZ Holdings provides us with the resources to bring more nurses into our platform and become the premier one stop shop for telephonic and field nurse case management services. Culturally, both SUNZ Holdings and Ascential share a common thread, putting patients first.”

ABOUT ASCENTIAL CARE PARTNERS, LLC

Ascential Care ( www.ascentialcare.com ) provides leading-edge patient driven managed care services to clients nationwide. Our staff is dedicated to advocating for our patients and reducing health care costs for our clients. We utilize industry best practices and scalable cutting-edge technologies to achieve our unparalleled outcomes.

ABOUT SUNZ HOLDINGS, LLC

SUNZ Holdings ( www.sunzinsurance.com ), provides large deductible workers’ compensation insurance and insurance services to professional employer organizations, staffing companies and large employers. We design and administer custom workers’ compensation insurance programs, and we provide loss control, claims administration, cost containment and subrogation services – all designed to minimize claim costs paid by our large deductible clients.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180605006045/en/

CONTACT: SUNZ Holdings

Meghan Rowe, 941-306-3077

mrowe@sunzinsurance.com

www.sunzinsurance.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: PRACTICE MANAGEMENT HEALTH PROFESSIONAL SERVICES HUMAN RESOURCES INSURANCE NURSING MANAGED CARE

SOURCE: SUNZ Holdings, LLC

Copyright Business Wire 2018.

PUB: 06/05/2018 10:35 AM/DISC: 06/05/2018 10:35 AM

http://www.businesswire.com/news/home/20180605006045/en

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