Private equity-backed Healthcare Solutions Inc. has acquired Modern Medical for an undisclosed amount.
Based in Lewis Center, Ohio, Modern Medical is a provider of pharmacy management and health services for the workers’ compensation market.
Duluth, Ga.-based Healthcare Solutions is a portfolio company of Brazos Private Equity Partners. The company owns a number of subsidiaries, including ScripNet, which it purchased in September 2012.
Brazos, based in Dallas, manages roughly $1.4 billion of equity capital and focuses on investments in healthcare and business services companies.