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FourStone Partners

FourStone Partners acquires Cordant Health Solutions® Workers’ Compensation Division; Strengthens its Position in the Workers’ Compensation Industry

22
February
2022

FourStone Partners, a consulting firm specializing in the workers’ compensation industry, announces the recent acquisition of the workers’ compensation division of Cordant Health Solutions®. With this acquisition, FourStone Partners has branded its newly expanded Lab Management Services company as FourStone Health.  FourStone and Cordant have entered into a long-term lab supplier agreement.

Susan Sommer, President and CEO of Cordant Health Solutions, said, “We have enjoyed a long-standing relationship with FourStone and given their focus on the Workers’ Compensation market we believe this transaction is valuable for both organizations.” 

Thomas P. Shivers, President and CEO of FourStone Partners says, “We are very excited to introduce FourStone Health as the newest member of the FourStone Partners family.  The acquisition of Cordant’s workers’ compensation division, combined with FourStone’s current Lab Management services, including Pharmacogenomic testing, positions FourStone Health to be the clear market leader. This acquisition is consistent with our mission to offer innovative, best-in-class products and services to our clients, and the addition of Cordant’s workers comp program is key to our continued evolution and growth as a company.”

About FourStone Partners, LLC. 

Founded in 2012 by Thomas P. Shivers, FourStone Partners is an innovative, privately held consulting firm specializing in the Workers’ Compensation industry.  FourStone currently offers Lab Management services focused on Toxicology and Pharmacogenomics, Post-Surgical Accelerated Recovery services, Business, Sales, and Network Development solutions, and Revenue Cycle Management. Our unique approach features a relentless focus on practical application and collaboration. We are a high energy, high intensity, results driven organization that fully engages with our clients to optimize performance.

www.FourStonePartners.com

About Cordant Health Solutions

Cordant Health Solutions® (cordantsolutions.com) provides innovative solutions for clinicians, organizations and payers involved with substance use disorder, pain management and criminal justice cases to provide accurate, actionable results to hold patients accountable, reduce risk and improve patient outcomes. A leader in quality standards, Cordant integrates its unique specialized pharmacy services for medication-assisted treatment with drug testing options that include monitoring and risk assessment tools to improve patient accountability and optimize quality of life.

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