April 02, 2024 — 

Ethos Risk Services, a leading provider of claims investigation and medical management services, proudly announces the acquisition of Claims Eval , a nationally recognized provider of Peer and Utilization Review Services catering to the Workers’ Compensation, Disability, Group Health, and Behavioral Health markets. The investment solidifies Ethos’ commitment to enhancing its service portfolio and fortifying its position in the market.

“We are thrilled to welcome Claims Eval into the Ethos’ family,” said Micah Smith, CEO of Ethos. “Their stellar reputation and proven track record in delivering top tier peer and utilization review services align perfectly with our mission to provide unmatched value to our clients.”

With multiple state licensures enabling external IRO reviews, Claims Eval boasts a robust physician network comprising over 1200 board certified physicians across diverse specialties nationwide. Their proprietary web based software ensures seamless case management, providing clients and physicians with a user friendly platform for efficient collaboration and decision making.

“The integration of Claims Eval’s capabilities into Ethos’ existing framework marks a significant milestone in our journey,” remarked Michael Hamby, CEO of Claims Eval. “This strategic move empowers us to deliver even greater value to our clients, offering unparalleled expertise and resources to address their evolving needs.”

“We are excited about the opportunities this acquisition brings,” stated Smith. “Together, we are poised to set new standards of excellence in our industry, driving innovation and delivering exceptional outcomes for our clients.”

The adoption of Claims Eval underscores Ethos dedication to innovation, excellence, and client satisfaction, further cementing its position as a leader in the medical claims management sector. This is Ethos’ tenth acquisition since 2019, following the integrations of Winston Services, Independent Research Group, Novare, HUB Enterprises, Western Limited, Combined Investigators, Inc., SIU Management LLC, and Summit Investigations.

Bailey & Company served as the exclusive strategic and financial advisor to Claims Eval on the transaction.

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