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PRESS RELEASE_CMN SURPASSES $500 MILLION IN BILLED CHARGES_2012-03-12
1. Press release
CMN Surpasses $500 Million in Billed Charges
12 March 2012
Toronto, ON – CMN is pleased to announce that in combination with GMMI, Europ Assistance Group’s other
cost containment firm based in Florida, they have surpassed $500 million in annual U.S. healthcare billed
charges for 2011.
“Managing more than half a billion dollars in annual billed charges is a significant achievement for the teams at
CMN and GMMI, and puts our combined Europ Assistance cost containment portfolio into a unique leadership
position in the industry based on size and service capabilities. With one of the largest portfolios of international
patients seeking treatment options in the U.S., we are able to negotiate deeper discounts and better pricing at
leading healthcare facilities, which in turn significantly reduces the healthcare costs of our clients. Our focus on
reducing net health costs while providing excellent patient support continues to win the support of our clients
and attract new business.” says Alex Kroon, President and CEO, CMN Global Inc. and President, GMMI.
“In 2011, our combined entities were able to achieve significantly more savings for our clients through our
various techniques. Higher penetration and increased savings through improved contracts were definitely key.”
says Peter Lozier, Chief Network Officer, CMN Global Inc.
To learn more about CMN, please visit our website at www.cmn-global.com; to learn more about GMMI,
please visit their website at www.gmmusa.com.
About CMN
CMN Global Inc., a Europ Assistance Group Company, is recognized as the service leader in borderless
healthcare management and cost containment. Founded in 1995, CMN is an international health management
company that assists clients – including insurance companies and government entities, and their insured
members – to successfully navigate the increasingly complex global healthcare system with economic ease.
As a member of the Europ Assistance Group, the company that created the concept of Travel Assistance over
40 years ago, CMN is able to provide clients with access to an exceptional international network. With a
presence on five continents, and a network consisting of over 7,000 acute care facilities and over 400,000
physicians and specialists offering assistance in over 130 countries, CMN is your most experienced and
trusted partner for unrivalled access to the best medical care in the world. Our medical case management,
North American and international proprietary provider networks, customized services, and technology are all
seamlessly interwoven to ensure patients receive the best-possible medical care and service, while reducing
and managing our clients’ risks and costs.
Press contact
Brad Loder
Director of Marketing
Tel. : 905.669.4333
E-mail : bloder@cmn-global.com
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CMN Inc.
150 Commerce Valley Drive West, 9th Floor - L3T 7Z3 Thornhill - Ontario - Canada - Tel. 905.669.4333 - Fax 905.669.2318
www.cmn-global.com