Premier Medical founder Dr Harry Brünjes has bought the company back from Capita, some six years after selling it – although Capita remains an investor in the business.
The company, which employs 230 people in four offices across the UK, was acquired by Capita in 2010. Following the acquisition of Insurance Medical Group in 2011, the combined businesses became Capita Medical Reporting.
Following the buy-back, Capita retains a minority interest in the business but will have no operational involvement going forward.
The rebranded Premier Medical provides medical reporting, screening, rehabilitation and diagnostic services to the personal injury claims market, and is one of the small number of ‘tier one’ medical reporting organisations approved by the MedCo portal – meaning it is a national, high-volume provider. It has more than 300 clients.
The aim is to grow Premier Medical’s services and presence across the UK and it has ambitions to extend its reach into new markets within the next few years.
Dr Brünjes said: “The personal injury market is dealing with the challenges presented by the MedCo portal and the anticipated increase in the small claims limit for soft-tissue injuries, both of which are bringing a new focus on reducing costs.
“Our extensive reporting experience will help insurers and their lawyers to meet these challenges in the most cost-effective way, and I envisage our clinical focus becoming the ‘quality assurance’ standard for the industry in future.
“The business will now be much better positioned to flourish in the sector and will renew its focus on medical excellence, service quality and business process efficiency.”
Earlier this year, Capita reviewed all of its businesses and disposed of a small number which it did not see as playing a key role in its future strategy. However, while it sold off Capita Medical Reporting, it has retained an investment in the business as a sign of its confidence for its future.
Dr Brünjes will be supported by Mark Stirrup, managing director; Barry Gray, sales director; and Dr Bob Goodall, medical director.
Premier Medical retains its head office at Premier House in Ludlow and other offices in Durham, Reading and Stockport. Capita will continue to support the business in terms of systems and processes during a “collaborative transition period”.