Genex is a leading managed care services firm providing case and utilization management, independent medical exams, medical bill review and other ancillary medical cost-containment services to insurance companies, employers and third-party administrators of workers’ compensation, disability and auto claims.
In addition, Genex provides services on behalf of claimants through a national Social Security representation program.
Genex developed meaningful new business operations through Stone Point’s network.
Stone Point made executive-level introductions of Genex to large potential customers and secured continuity of existing contracts with key customers.
Stone Point assisted on five acquisitions that increased Genex’s scale in core product offerings, provided the company with the ability to sell additional in-house services to acquired customers, and provided meaningful synergies.
Stone Point has reengineered Genex’s executive compensation plan and helped to implement a management equity investment and incentive program.
Stone Point facilitated efforts to secure acquisition debt financing and executed three recapitalizations.
Location: United States, Pennsylvania, Wayne
Investors 1
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Mentions in press and media 4
Date | Title | Description | Source |
10.09.2020 | Analysis: August Health IT M&A Activity; Public Company ... | – Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M... | hitconsult... |
30.09.2018 | Century Equity Partners Sells Priority Care Solutions to Gen... | WAYNE, Pa.–(BUSINESS WIRE)–Genex Services, a leader in medical cost containment and disability manag... | citybizlis... |
12.03.2018 | Term Sheet — Monday, March 12 | SO LONG, VC Good morning, Term Sheet readers. Paid Content What you need to know about growing cyb... | fortune.co... |
12.02.2018 | Term Sheet — Monday, February 12 | SETTLED Good morning, Term Sheet readers. Paid Content What you need to know about growing cyberat... | fortune.co... |