EXAM

ExamWorks Group Inc

Healthcare, TMT


Presented:05/26/2015
Price:$40.82
Cap:N/A
Current Price:$35.06
Cap:$1.46B

Presented

Date05/26/2015
Price$40.82
Market CapN/A
Ent Value$2.18B
P/E Ratio135.81x
Book Value$8.75
Div YieldN/A
Shares O/S41.28M
Ave Daily Vol262,525
Short Int10.08%

Current

Price$35.06
Market Cap$1.46B
ExamWorks Group, Inc. engages in the business of providing independent medical examinations, peer and bill reviews, and related services. It provides these independent medical examinations services through its medical panel of independently contracted, credentialed physicians and other medical providers. The company's portfolio of services include medical assessment programs designed to meet the specific needs of first-party insurers, attorneys, municipalities and third-party administrators pertaining to automotive, disability, group health, liability, no-fault and workers' compensation claims. The company was founded by Richard E. Perlman and James K. Price on June 22, 2010 and is headquartered in Atlanta, GA.

Publicly traded companies mentioned herein: ExamWorks Group, Inc. (EXAM).

Highlights

ExamWorks is effectively a network business that provides independent panels of doctors nationwide to insurance companies. Doctors in these panels provide independent medical exams (IMEs) for claims deemed by insurers to be either unreasonable or potentially fraudulent - about 20% of the roughly 20 million insurance claims filed annually. In these cases, claimants can’t be seen by their own doctor or the insurance company’s doctor due to potential bias issues. 

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Idea Discussion

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