Today’s issue of WorkCompRecap features the recent announcement from global private equity firm Apax Partners that one of their funds has acquired GENEX Services from Stone Point Capital. Apax noted that it looks to expand GENEX’s managed care solution portfolio through both organic investment and future acquisitions. In a separate transaction, GENEX also sold its smaller specialty network businesses to One Call Care Management. Find out more by clicking here!
Also in the news today is the California DWC’s recent approval of EK Health’s MPN, which is now available to California entities, including employers, self-insureds, insurance companies and TPAs, and has over 3,000 qualified physicians in more than 40 specialties throughout the state. Find out more by clicking here!