Avizent, headquartered in Dublin, Ohio, was formed to acquire regional third party administrators serving the self-insured and high-deductible workers’ compensation market. From 2007 through 2011, the company built the only fully-integrated (vs. subcontracted/outsourced) service offering including claims and self-insured group administration, loss control and a suite of managed care services including pre-certification, scheduling, utilization review, medical bill review and network access services. By integrating these functions, Avizent was able to minimize the overall workers’ compensation costs for its clients.
Date of Realization: December 2011
Industry Sector: Healthcare Services
Fund: III
Location: United States, New Jersey, Parsippany-Troy Hills
Employees: 1001-5000
Investors 1
| Date | Name | Website |
| - | KRG Capita... | krgcapital... |
Mentions in press and media 1
| Date | Title | Description | Source |
| 03.01.2011 | York Risk Services Group Receives Majority Investment from A... | York Risk Services Group, Inc., a Parsippany, N.J.-based premier national provider of claims-handlin... | finsmes.co... |