What is ExamWorks?
Established in 2007 and headquartered in Atlanta, Georgia, ExamWorks specializes in providing independent medical examinations and related services. Its comprehensive suite of offerings includes peer reviews, medical record reviews, bill reviews, and Medicare compliance solutions. The company also engages in agile development, document management, and credentialing, positioning itself as a multifaceted service provider within the healthcare and legal support industries. The consistent flow of investment indicates a strategic focus on expanding its service portfolio and market reach.
How much funding has ExamWorks raised?
ExamWorks has raised a total of $289.8M across 2 funding rounds:
Stock Offering
$164.8M
Debt
$125M
Stock Issuance/Offering (2010): $164.8M, investors not publicly disclosed
Debt (2020): $125M led by BofA Securities
Key Investors in ExamWorks
BofA Securities
BofA Securities, a prominent investment banking firm, likely provided strategic debt financing, indicating ExamWorks' capacity for significant financial leverage and its established creditworthiness.
What's next for ExamWorks?
The recent major strategic investment suggests ExamWorks is poised for significant expansion and potentially new service development. This capital infusion is likely to fuel initiatives aimed at enhancing its technological infrastructure, broadening its geographic footprint, and potentially acquiring complementary businesses. As ExamWorks continues to scale, its focus will likely remain on optimizing its independent medical examination services and strengthening its position as a leader in the industry, leveraging this latest backing to drive innovation and operational excellence.
See full ExamWorks company page
