Paradigm Deal Illustrates Interest in Catastrophic Care

Paradigm Outcomes, a provider of medical management for catastrophically injured workers, has entered into an agreement to be acquired by OMERS Private Equity, the companies announced Thursday. Terms of the deal were not disclosed. But Joe Paduda, principal of Health Strategy Associates, said the transaction values Paradigm at more than $1 billion. Paduda reported the Paradigm deal Wednesday on his Managed Care Matters blog. “The price is even more remarkable, as there wasn’t an auction; the valuation continues what’s become the new normal pricing for work comp assets,&rdqu...