View this article online: https://www.insurancejournal.com/news/national/2020/11/18/591207.htm
Bindley Capital Partners and Brian Bell, the founder and former chief executive officer of ForeSight Medical, have acquired a specialty dental firm serving workers’ compensation patients.
Based in Tampa, DentalWorks USA manages the care of dental and complex maxillofacial injuries for the workers’ compensation industry. Founded in 2012, DentalWorks maintains a national network of dentists, oral surgeons, TMJ specialists, endodontists, and periodontists, DentalWorks guarantees response to referrals within 30 minutes and schedules appointments within 24 hours. The company coordinates the entire dental claim.
Bell has joined DentalWorks’ executive leadership team. Bell has nearly 20 years of experience as a workers’ compensation executive and in ancillary healthcare services. He co-founded ForeSight Medical and oversaw its growth into a surgical management company before its sale to Paradigm Outcomes in 2017. He continued as its CEO and a Paradigm executive team member through the purchase of Paradigm by OMERS.
Prior to ForeSight Medical, Bell held positions at workers’ compensation focused companies that specialized in managing pharmaceutical, physical therapy, home health, and related ancillary medical services and equipment. They included PMSI, Network Synergy Group and Medical Service Co.
DentalWorks CEO Greg Cressman said he sees “strategic value” in joining forces with Bell and Bindley Capital. “This acquisition strengthens our capabilities and propels our expansion into additional highly specialized, outcomes-focused service offerings,” he said.
Bindley Capital Partners backed ForeSight Medical in early 2013. The private equity firm has grown a number of companies, including Bindley Western and Priority Healthcare, a specialty pharmacy which was sold to Express Scripts in 2005.