Today’s issue of WorkCompRecap features Genex’s announcement of its acquisition of Excel Managed Care & Disability Services, a provider of occupational and non-occupational medical case management, utilization review and return-to-work services for the workers’ comp and disability markets.
Genex noted that the acquisition will increase its employee case manager count to more than 1,600, and extend and enhance its market position in the states where Excel does business, particularly along the West Coast. Excel will continue to operate under its brand, and remain led by President Brenda Smith and VP Steve Smetana. StoneRidge Advisors LLC served as the exclusive strategic and financial advisor to Excel on the transaction.
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