NationsBenefits, LLC announced on December 3 that it acquired General Vision Services (GVS) for an undisclosed amount. CapM Advisors acted as financial advisor to GVS in this transaction.
GVS is a leading managed vision company providing eyecare benefits and administration to millions of members nationally. GVS, in addition to its managed care services, also provides revenue cycle management services. General Vision Services supports millions of members across a clientele that includes employer groups, managed care and organized labor.
Headquartered in Plantation, Florida, NationsBenefits is a provider of supplemental benefits, fintech solutions and outcomes for the healthcare industry. Partnering with managed care organizations, NationsBenefits delivers innovative healthcare solutions, data analytics for gap closure and fintech services designed to drive growth, reduce costs and enhance member satisfaction. The company was founded in 2015.
This strategic acquisition of GVS expands NationsBenefits’ scope and position as the leading and only single platform for Medicare Advantage supplemental benefits. The financial terms were not disclosed.
According to data in the LevinPro HC database, this transaction marks the 25th Managed Care acquisition of 2024. Throughout all of 2023, there were 31 Managed Care transactions reported, and 45 reported in 2022.
