Paradigm Management Services, LLC

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Paradigm Management Services, LLC - overview

Established

1991

Location

Walnut Creek, CA, US

Primary Industry

Healthcare

About

Paradigm Management Services, LLC is a US-based company that specializes in clinical care management services, focusing on patients with complex injuries, particularly within the workers' compensation sector. Founded in 1991 and headquartered in Walnut Creek, US, Paradigm Management Services provides comprehensive clinical care management services. Led by CEO John Watts, the company has completed 3 deals, with its most recent deal occurring on July 2, 2025, when Neuberger Berman invested in the firm. Paradigm offers a comprehensive suite of clinical care management services tailored for patients with complex injuries, particularly in the context of workers' compensation.


Their core offerings focus on clinical care management, behavioral health support, and specialized services designed to reduce medical costs and improve patient outcomes. By employing a value-based approach, Paradigm emphasizes measurable clinical outcomes and personalized care, providing essential support for catastrophic cases and those requiring specialized treatment for musculoskeletal (MSK) conditions. Their client base includes businesses and organizations across various sectors, including retail, healthcare, and education, serving end-users such as injured workers and healthcare providers throughout the United States. Paradigm’s revenue is derived from partnerships and service agreements with enterprises seeking to enhance their workers' compensation programs.


The company operates on a B2B model, where clients engage with Paradigm for ongoing clinical management, decision support, and cost management services. These transactions typically involve service agreements that outline specific care management processes, with pricing structures based on the scale of services required and the complexity of cases handled. Their flagship solutions, such as the Complex Recovery Management and Implant Savings Program, reflect Paradigm's focus on delivering effective care while optimizing costs for their clients. With the recent investment from Neuberger Berman in July 2025, Paradigm Management Services plans to utilize this funding to accelerate growth, enhance product development, and expand its market reach in the insurance technology sector.


The company is focused on designing and launching new products to better serve their clients and is exploring expansion into additional geographic regions, aiming to strengthen their presence in markets that require advanced clinical care management solutions.


Current Investors

Neuberger Berman, Summit Partners

Primary Industry

Healthcare

Sub Industries

Clinics/Outpatient Services, Home Healthcare, Nursing Homes & Assisted Living, Healthcare IT, Mental Health Services, Chiropractic, Orthopedic & Physical Therapy

Website

www.paradigmcorp.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Paradigm Management Services, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutAnnouncedParadigm Management Services, LLC-
GrowthCompletedParadigm Management Services, LLC-
Add-onCompletedWelvie, LLC-
Add-onCompletedHome Care Connect LLC-
Add-onCompletedRestore Rehabilitation, LLC -

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