Newport Beach, Calif.-based Pacific Health Care Organization Inc. in late September announced the launch of a strategic acquisition search for an insurance company to add to its suite of comprehensive workers’ comp products and services.
The acquisition strategy in the state of California for PHCO is to ensure it’s positioned to offer existing clients more comprehensive services, including better coverage, the company said.
“We have demonstrated proven success in increasing margins and strengthening balance sheets,” Tom Kubota, PHCO’s board chairman and CEO, said in a statement. “Our plans for a strategic acquisition of an insurance company will help us realize our vision to shape an entirely new workers’ compensation industry — from insurance coverage and offerings to safety and wellness programs and beyond.”
PHCO specializes in workers’ comp cost containment.
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