CBIZ, Inc., a leading provider of financial, insurance and advisory services, announced the acquisition of Schramm Health Partners, LLC dba Optumas of Scottsdale, Arizona, effective June 1, 2021.
Founded in 2006, Optumas specializes in providing actuarial services to state government health care agencies to assist in the administration of Medicaid programs. Optumas has 33 employees and approximately $10.9 million in annual revenue. This acquisition enhances opportunities to broaden the scope of services offered by Optumas and CBIZ to their respective government health care clients.
Jerry Grisko, President and CEO of CBIZ, stated, "We are excited to welcome the Optumas team to CBIZ and to strengthen our long-standing partnership of working side-by-side to serve our government health care clients. Optumas is a recognized leader in health care actuarial services and given the increasing complexity of health care delivery systems, this acquisition offers a unique opportunity to complement our growing government health care consulting practice. Working together, CBIZ and Optumas will accelerate future growth by providing our clients with more comprehensive and seamless solutions."