Kansas City Workers’ Compensation Leaders Announce
August 31, 2012 – Kansas
Cobalt Ventures LLC, a wholly
own subsidiary of Blue Cross and Blue Shield of Kansas City, and CompResults,
LLC are proud to announce the merger of Premier WorkComp Management and
CompResults. Premier WorkComp Management is owned by Cobalt Ventures,
The new company will be known
as CompAlliance and will offer a full suite of workers’ compensation services
which include nurse case management, bill review, provider networks and
substance abuse testing. “We’re very excited about this merger.
Clients and service providers of CompAlliance can expect increased efficiency,
enhanced technology and improved methodologies with the new company,” said Jim
Weir, President and CEO of CompResults and CompAlliance.
“With the positive results
both organizations have experienced and the potential for growth on a regional
and national basis, bringing the two companies together made perfect
sense,” said Jeff Nelson, Interim President and COO
of Cobalt Ventures.
The management team at
CompResults will assume the leadership role in the new, merged
CompAlliance. Clients, network health care professionals, and
distribution partners like Third Party Administrators and workers’ compensation
brokers will experience an enhancement in service and support as a result of
Cobalt Ventures is a
wholly-owned subsidiary of BlueKC (Blue Cross and Blue Shield of Kansas City)
offering innovative solutions to improve existing health care services.
Companies in Cobalt Ventures include New Directions Behavioral Health (NDBH),
Preferred Health Professionals (PHP), Premier Workcomp Management (PWC), Cobalt
Astra, Cobalt MedPlans and Cobalt Talon.
CompResults is a Fairway,
KS-based managed workers’ compensation company delivering powerful results to
clients and more than 12,000 network providers by creating mutually beneficial
relationships. By utilizing state of the art technology, CompResults duplicates
many of the efficiencies of larger national companies. The ability to expedite
accurate payment to network providers, and flexibility in designing workflow
solutions that meet individual client needs and implementing them quickly, set
CompResults apart in the workers’ compensation industry.
For more information please
contact Jim Weir at 913-310-9800.