Mitchell, a provider of tech and information services for workers’ compensation carriers, in addition to other markets, announced yesterday that it has signed an agreement to acquire the assets of Cogent Works. Cogent Works is a provider of pharmacy network and benefit management services to the automobile casualty and workers’ compensation markets. According to the company, this acquisition will allow Mitchell to provide a full end-to-end pharmacy solution to both auto and workers’ compensation payers through the integration of Cogent Works’ solutions. The workers’ comp arm of Cogent Works’ model is called CompToday and contains a network of over 60,000 retail pharmacies.
Read the full announcement from Mitchell here.