Sherbrooke, Canada, 9th January 2025- Global Excel Management Inc. (Global Excel) is pleased to announce it has acquired the business of Vitori Health LLC (Vitori Health), effective January 1, 2025.
Vitori Health is a modern health plan administrator licensed in all 50 states with remarkable member support, national and regional networks, open access plans, and an unmatched claims savings guarantee for employer-sponsored health plans. With a strong reputation for innovation, Vitori offers nationwide precision-built health plan solutions which offer high-performing alternatives for mid-market employers and their employees.
“Vitori has a strong reputation as an innovator in the U.S. market,” said Reg Allatt, Chairman of Global Excel. “Their solutions are built on technology and like Global Excel, their core values include customer service excellence, modern solutions and a commitment to driving true financial value for their corporate clients. Moving forward we will continue our strategy of expanding the depth of our risk management services, our client base, as well as our geographic presence though continued profitable organic growth and qualified acquisitions.”
As noted by Steve McClung, CEO of Hines & Associates, Inc. (Hines), “This partnership widens the range of services we offer in the U.S. healthcare market and fully complements the services currently offered by Hines, Global Excel’s US-based subsidiary. Delivering a comprehensive range of healthcare risk management services, which exceeds our clients’ expectations, has always been our primary focus. I’m looking forward to working together with the team at Vitori, learning about the needs of their clients and how we can enhance the value of the services we currently provide, building on the history of strong relationships and customer focus that they have established.”
Tim O’Brien, Vitori Health CEO, describes the acquisition by Global Excel as, “An ideal fit to bolster our strengths and fuel our continued, quality-focused expansion. What we see in Global Excel is a client-focused company with a strong reputation for delivering industry leading solutions for their clients – much like our Vitori Vantage product and our revolutionary savings guarantee.” Further, “Global Excel’s corporate vision aligns with our strategic market orientation and rapid growth and complements our existing payer services and plan administration capabilities.”
Over the coming months, the goal of all management teams will be to focus on providing the highest level of service to their respective clients. Simultaneously, Global Excel, Hines and Vitori will focus on identifying synergies which will bring added value to existing clients and extend services to new markets and clients.
With this acquisition, Global Excel reinforces its position as a leading supplier of healthcare risk management solutions globally and in the U.S. market. Vitori Health will continue doing business under its current brand name.