ATLANTA – July 18, 2023 — Morris, Manning & Martin advised Medxoom in their acquisition by Allied Benefit Systems.
Allied Benefit Systems, LLC (Allied), one of the nation's largest healthcare administrators for employee benefit plans, and its majority equity holder, funds managed by Stone Point Capital LLC, today announced the acquisition of Medxoom, Inc. (Medxoom), an industry leading digital benefits platform. Medxoom's state-of-the-art technology is utilized by health plans, benefits consultants, employer groups, and third-party administrators throughout the country to optimize their member's experience and manage their healthcare benefits.
This acquisition and integration of Medxoom's technology into Allied's member experience will transform the way Allied provides service, care, and support to its members, while at the same time reducing employer risk by delivering a fully-compliant and cost-effective solution to its clients. Allied is committed to supporting Medxoom's current clients and future growth, and further the development of innovative member-centric products and services that will challenge the industry standard.
The MMM team, led by Joe Berklund, includes Justin Ward, and Alexandra Landgraf.
