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Products April 29, 2008
Hewitt Announces Acquisition of Absence Management Firm
April 29, 2008 (PLANSPONSOR.com) - Hewitt Associates
has acquired LCG and its wholly-owned subsidiary, Disability
Management Alternatives, LLC.
Reported by Rebecca Moore
According to the announcement, LCG provides an array of disability, leave, and absence management solutions for mid- to large-sized employers. The deal is expected to close within the next few months.
LCG’s solutions include administration and management of all forms of absence, Web-based data integration and reporting, root cause analysis, and innovative return-to-work programs. The announcement said the combination of Hewitt’s health plan usage data and expertise in absence management consulting and LCG’s absence and clinical information will allow Hewitt to help employers identify the patterns linking health and absenteeism and improve workforce productivity.
“The acquisition of LCG adds another critical capability to Hewitt’s complement of HR solutions designed to help our clients meet an ever-growing set of complex people challenges,” Russ Fradin, Hewitt’s chairman and chief executive officer, said in the announcement.
More information about Hewitt Associates is at www.hewitt.com .