Medlogix, a portfolio company of Excellere Partners, has acquired Integrity Medicolegal Enterprises (Integrity) and Michigan Evaluation Group (MEG). Medlogix was acquired by Excellere in May 2017.
Medlogix provides medical claims management services to insurance carriers, claims administrators, and employers in the auto, workers’ compensation, and group health markets. The company’s services include pre-certification, independent medical reviews, medical bill and code review, and bill negotiation. Medlogix was founded in 1980 and is based in Hamilton, NJ (www.medlogix.com).
Both Minneapolis, MN-based Integrity Medicolegal Enterprises (Integrity) (www.integrityme.com) and Southfield, MI-based Michigan Evaluation Group (MEG) (www.michiganevaluationgroup.com) provide independent medical examinations, medical record reviews, and peer reviews.
“Integrity, MEG and Medlogix all share a culture of commitment to deliver exceptional medical outcomes that drive increased client satisfaction,” said Craig Goldstein, President of Medlogix. “Our partnership with these two organizations will greatly expand our physician network, add unique domain expertise, and further augment our ability to deliver a comprehensive suite of solutions to a growing base of clients in the Midwest corridor.”
“Medlogix has been a leader within its core markets for more than 20 years, so we’re excited to be supporting the management team in executing their vision for delivering innovative medical claims management solution on a national scale,” said Matt Hicks, a Partner with Excellere. “With Integrity and MEG, we found two like-minded organizations with parallel cultural values and excellent, long-standing reputations for quality, service, and client satisfaction.”
Excellere invests in middle-market companies with revenues ranging from $20 million to $150 million. Sectors of interest include healthcare services and products; energy, power and infrastructure services and products; industrial technology, specialty chemicals; and business services. The firm has $1.4 billion of capital under management and is based in Denver (www.excellerepartners.com).
© 2018 Private Equity Professional | August 16, 2018