Sedgwick Announces Acquisition of Orchid Medical

Sedgwick on Thursday announced that it purchased Orchid Medical, a provider of ancillary medical management solutions for the workers’ compensation industry. Sedgwick said the deal is an investment in the continued growth of its ancillary care network, which aims to ensure injured workers receive prompt service for durable medical equipment, transportation, translation, home health, diagnostic imaging and other services. The company didn’t disclose the terms of the deal. "This acquisition enables us to provide employers with a single point of service for a broad range of anc...