BRIEF: Sacramento’s Superior Vision Services merges with Maryland firm [The Sacramento Bee]
| By Mark Glover, The Sacramento Bee | |
| McClatchy-Tribune Information Services |
Superior said it will merge with Block Vision, headquartered in Linthicum, Md. Block is a specialty health benefits company that manages all levels of vision and eye care benefits.
Together, Superior Vision and Block Vision will offer vision benefit and medical eye care programs to employer groups, health plans and consumers.
No details were released on the possibility of a new company name or establishment of a headquarters.
"The combination of Superior Vision and Block Vision brings together two vision benefit industry leaders with a history of strength in their target segments," said
The combined company will provide vision benefit plans to more than 8.5 million members nationwide, encompassing an overall provider network of more than 55,000.
Officials said the two companies will combine management forces. No financial details of the move were disclosed.
The transaction is subject to regulatory approvals and is expected to be completed within the next few months.
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(c)2013 The Sacramento Bee (Sacramento, Calif.)
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