Insight, analysis & opinion from Joe Paduda

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Apr
8

Consolidation in the work comp bill review business

Stratacare’s (relatively) new owners are delivering on their commitment to growing the company; they will be acquiring Marsh’s CS STARS MedBillPro operation.
Paul Glover et al (Stratacare leadership) has been aggressively on the hunt for new business; they were finalists in the now-defunct Bunch and Associates deal, and looked hard at OneCall Medical and at least one other deal. Expect to see more from Stratacare in the future; the RIMS Conference is coming up at the end of April, an event where new deals are often announced.
The announcement is here.
What does this mean for you?
Activity generates interest in the investment community…


Joe Paduda is the principal of Health Strategy Associates

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A national consulting firm specializing in managed care for workers’ compensation, group health and auto, and health care cost containment. We serve insurers, employers and health care providers.

 

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