MCMC Acquires CompPartners with Purchase of Founders' Stock

MCMC, a managed care provider based in Boston, is expanding into the California market with the purchase of CompPartners in Irvine.MCMC said in a press release that it acquired the founders' stock of CompPartners in a deal that became effective Dec. 20. CompPartners' senior management team will remain on with the new owner. CompPartners, established in 1998, provides medical provider network services, utilization review, bill review and Medicare set-aside services.MCMC President and Chief Executive Officer Michael Lindberg said the company purchased the firm as part of its national bus...