This GENEX isn't a bunch of disaffected slackers. Far from it, the hard-working company provides health care cost-containment and disability management services, mostly in the worker's compensation, occupational, non-occupational, auto, and group health care markets. It serves employer groups, insurance and managed care providers, and benefit administrators. Services include workplace injury management, vocational rehabilitation, catastrophic case management, medical bill auditing, and Social Security disability claim representation. GENEX also offers information management services to help pre-identify high-risk claimants. GENEX is controlled by Stone Point Capital.
In addition to getting employees back to work, the company's employer services programs help on the front end of employment including job analysis -- writing up the biomechanical description of the functions of a job, ergonomic evaluations, and pre-employment screening to better match applicants with appropriate job demands.
GENEX Services has more than 60 offices in all 50 US states, Puerto Rico, and Canada.
The company focuses on broadening its service offerings (including Workers' Compensation and Disability Management, Medical Cost Containment, and Social Security Representation) and geographic territories through a blend of organic and acquisitive growth.
In 2011 it expanded its service offerings to include a physical therapy network with the acquisition of Network Synergy Group. GENEX has also expanded its return-to-work services to include access to a network of physicians specializing in workers' compensation. In late 2010 GENEX acquired national rival Intracorp, CIGNA's workers' compensation and disability case management operations. The deal expanded GENEX's customer base across the US market and gave CIGNA a minority stake in GENEX.
Unum Group bought GENEX in 1997 and sold it to an affiliate of Stone Point Capital in 2007.
President and CEO Peter Madeja helped to found the company in 1978. – less