• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • WCW HOME
  • Submit a Wire!
  • Advertising
  • Media Partners
  • About
  • Contact Us

WorkCompWire

Your Trusted Source for Workers Compensation News

Enlyte
  • Workers Compensation News
    • Workers Compensation Industry News
    • Association, Rating & Research News
    • Claims, Legal, & Compliance News
    • Legislative & Regulatory News
    • Risk Management News
    • Work Force & Human Resource News
  • Featured Articles
  • Leaders Speak
  • Editor’s Forum
  • People On The Move

Bailey Southwell Advises Sedgwick in Divestiture of GHPR & IME Assets to ExamWorks

November 5, 2020 - WorkCompWire

Nashville, TN – Bailey Southwell & Co. (“BSC”) recently announced it acted as exclusive financial advisor to Sedgwick in connection with its recent divestiture of its group health peer review (“GHPR”) and independent medical examination (“IME”) assets to ExamWorks.

Sedgwick is a portfolio company of The Carlyle Group. ExamWorks is a portfolio company of Leonard Green & Partners.

With an extensive history of representing clients serving payers in the group health, disability, auto, liability, federal, and workers’ compensation markets, BSC was uniquely qualified to represent Sedgwick on this transaction. BSC’s expertise in cost containment solutions improving care quality and reducing the cost of care positioned the firm as the ideal partner for Sedgwick to generate the best outcome for all stakeholders.

GHPR provides peer review services, including appeals and pre-certifications, to group health insurers, disability insurers, and pharmacy benefit managers and is a certified Independent Review Organization. IME provides independent medical evaluation services for third party administrators, insurance carriers, and government agencies and focuses on the workers’ compensation, auto, and liability markets.

“We were pleased to have successfully finalized this transaction, made possible in part by the partnership we have with Bailey Southwell & Co. Their expertise allowed us at Sedgwick to help find the right home for these clients and colleagues” commented Brian J. Brunett, Sedgwick’s Managing Director, Global Treasury and Mergers & Acquisitions.

Source: BSC

Filed Under: Claims, Legal, & Compliance News, Industry News, Top Stories, Workers' Compensation

Primary Sidebar

Get Our Free Newsletter:

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: WorkCompWire.com, PO Box 1114, Culver City, CA, 90232, http://www.workcompwire.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

myMatrixx

Paradigm

MSQ

Follow Us on Twitter

Tweets by WorkCompWire

Workers Compensation News Topics

  • Top Stories
  • Featured Articles
  • Leaders Speak
  • Editor’s Forum
  • The RxProfessor
  • Industry News
  • Association, Rating & Research News
  • People On The Move
  • Claims, Legal, & Compliance News
  • Legislative & Regulatory News
  • Risk Management News
  • Work Force & Human Resource News
  • Workers’ Compensation

Wire Archives

Copyright WorkCompWire © 2023