Medical Mutual Acquires Paramount Health

CHICAGO – June 10th, 2024 – Medical Mutual has acquired Paramount Health, an Ohio-based health insurance company formerly owned by ProMedica. Paramount, which offers Medicare Advantage, Individual ACA, commercial group and short-term insurance plans, is headquartered in Toledo, OH, and does business primarily in Ohio and Michigan. Kaufman Hall served as exclusive strategic and transaction advisor to Medical Mutual.

Medical Mutual tombstone