Baltimore health advisory company Pinnacle Care International Inc. will be acquired by a Canadian company for $85 million. Sun Life Financial Inc., which is based in Toronto and has its U.S. headquarters in Massachusetts, plans to add PinnacleCare to its U.S. stop-loss and health business, according to a release Friday. The purchase of PinnacleCare will allow Sun Life to go beyond the traditional stop-loss insurance model by offering customers access to PinnacleCare’s expertise in helping patients navigate a complicated medical diagnosis.
Baltimore’s PinnacleCare to be acquired by Sun Life for $85M
April 26, 2021