The company is a service provider aiding compensation adjusters and risk managers in order to efficiently resolve claims in a cost-efficient manner. The company also provides preauthorization and diagnostic review services.
Key Aspects
• Management with over twenty-five years of experience in the cost containment industry
• Experienced physician base capable of analyzing common and complex forms of workers’ compensation claims
• Skilled team of cost containment professionals expected to remain after a sale
Opportunities
· Expand the company’s sales force in order to gain national market share
· Create a tenured management team through the use of current management’s tutelage
· Add to the company’s physician base in order to increase volume of claims processed
Headquartered
· Austin, Texas
Current Markets
• The company currently serves small to medium sized companies’ insurers located within the United States, third party administrators, and public entity risk management programs
Real Estate
· Employees of the company work remotely from personal office spaces.
Shareholder Objectives
• The sole owner is looking to transition into an advisory role or to an eventual full exit from the company to pursue retirement. He is open to various deal structures to facilitate a transaction and a reasonable transition time to new ownership.