Genex Acquires UR Firm

Genex, a national managed care firm, has acquired the utilization review firm Comprehensive Industrial Disability Management Services. The move will allow Genex to leverage CID's utilization review software, according to a Friday press release. "In the workers’ compensation industry, utilization review services are in demand more than ever," Genex President and Chief Executive Officer Peter Madeja said in the statement. "This acquisition addresses our customers’ growing needs." The move comes a month after Genex's last acquisition announcement. A...