Mitchell | Genex | Coventry completes the Acquisition of QualCareAlliance Networks Inc.

Mitchell | Genex |Coventry, a leader in cost containment technology, provider networks, clinical services, pharmacy benefit management (PBM), and disability management,
announced it has finalized its acquisition of QualCare Alliance Networks Inc. (QANI), one of the largest managed care organizations serving the New Jersey, Pennsylvania and New York tri-state area. QANI was formerly a division of Cigna.

The acquisition allows Mitchell | Genex |Coventry to strengthen its position as a market leader in provider network access, care management and workers’ compensation services. QANI will become part of the Coventry organization, expanding its network footprint in that region.

‘Today Coventry takes great strides in meeting our continuous goal of offering the most comprehensive provider networks in the workers’ comp and auto markets,’ said Art Lynch, Coventry President. ‘Investing in QANI demonstrates the commitment Mitchell | Genex | Coventry are making to constantly evaluate opportunities that deliver the right solutions for our clients.’

Based in Piscataway and Egg Harbor Township, New Jersey, QANI has been a leader in networks and managed care services for employers in New Jersey. Alice Herron Lihou, president of QANI, will continue in her role and report to Lynch.

The financial terms of the transaction are not being disclosed.