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Mitchell/Genex acquires managed care services firm

Posted On: Dec. 3, 2019 2:10 PM CST

M&A

Mitchell/Genex on Monday announced it has acquired CompAlliance LLC, which specializes in workers compensation services, including case management, utilization review and 24-hour nurse triage, among other services.

Financial terms of the deal were not disclosed.

The transaction will expand the range of services the San Diego-based technology solutions, medical cost containment and disability management company offers its clients, the company said in a statement.

“Adding CompAlliance to Mitchell/Genex was a natural fit for both companies,” Alex Sun, Mitchell president and CEO, said in a statement. “Both of our companies are committed to driving better claim outcomes and creating additional value for our clients and injured or disabled workers. The transaction extends our industry-leading expertise in medical cost containment and clinical solutions.”

Doing business as Mitchell/Genex, the company formed in 2018 when Genex Services LLC became a subsidiary of Mitchell International Inc.

Based in Kansas City, Missouri, CompAlliance has served the comp industry since 1992 and employs a team of 125 professionals.