Ethos acquires Claims Eval

Provider of claims investigation and medical management services Ethos Risk Services has acquired Claims Eval , a provider of Peer and Utilization Review Services catering to the Workers’ Compensation, Disability, Group Health, and Behavioral Health markets. With multiple state licensures enabling external IRO reviews, Claims Eval’s physician network includes over 1200 board-certified physicians across diverse specialties nationwide.

“We are thrilled to welcome Claims Eval into the Ethos’ family. 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. We are excited about the opportunities this acquisition brings. Together, we are poised to set new standards of excellence in our industry, driving innovation and delivering exceptional outcomes for our clients.” – Micah Smith, CEO of Ethos.

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

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.