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Broadspire Receives URAC Reaccreditations.

Business Editors

LONG GROVE, Ill.--(BUSINESS WIRE)--Jan. 6, 2004

Broadspire, a Platinum Equity company that is a leading provider of casualty and disability claims management and risk and safety consulting to companies in North America, has been awarded full accreditation by URAC for case management, workers' compensation utilization management, health utilization management and core accreditation.

URAC is a Washington, DC-based health care accrediting organization that establishes quality standards for the health care industry.

"By applying for and receiving these accreditations, Broadspire has demonstrated a continued commitment to quality medical management services," said Garry Carneal, URAC president and CEO. "Quality health care is crucial to our nation's welfare, and it is important to have organizations that are willing to measure themselves against national standards."

"Broadspire is committed to providing high-quality case and utilization management, and we are honored to receive these accreditations from URAC," said Dennis Replogle, Broadspire president and CEO. "The accreditations show we have the talent and expertise to provide casualty and non-occupational management solutions that are right for each of our unique customers."

The URAC programs Broadspire received accreditation under are:

-- Case Management, which establishes a set of guidelines and

protocols aimed specifically at the rapidly evolving field of

case management, particularly in health and workers'

compensation settings.

-- Workers' Compensation Utilization Management, which addresses

the unique characteristics of workers' compensation

utilization management and ensures quality oversight for this

fast growing area of managed care.

-- Health Utilization Management, which establishes consistency

in UM processes and serves as the basis for many states'

utilization review laws and regulations.

-- Core Accreditation, which addresses several key organizational

functions that are important for any health care organization,

including: organizational structure; staff qualifications;

training and management; oversight of delegated activities;

quality management; and consumer protection.

Broadspire was in the first wave of successful applicants when URAC began offering the case management accreditation program and was one of the first organizations to obtain the Workers' Compensation Utilization Management accreditation.

Platinum Equity LLC purchased Broadspire (formerly Kemper Services) in July from Lumbermens Mutual Casualty Company and launched a comprehensive transition program to carve out the business and develop it as a standalone company.

URAC, an independent, nonprofit organization, is a leader in promoting health care quality through accreditation and certification programs. URAC's standards keep pace with the rapid changes in the health care system and provide a mark of distinction for health care organizations to demonstrate their commitment to quality and accountability. Through its broad-based governance structure and an inclusive standards development process, URAC ensures that all stakeholders are represented in setting meaningful standards for the health care industry. For more information, visit www.urac.org.

About Broadspire

Broadspire (www.choosebroadspire.com) offers the broadest array of absence management services in the industry. Those services include risk and safety consulting; workers' compensation, auto liability; general liability, and short- and long-term disability claim management services; Family Medical Leave Act administration; and total disability management programs. Broadspire creates customized solutions designed to increase employee productivity and contain costs.

About Platinum Equity

Platinum Equity (www.platinumequity.com) is a global M&A&O(SM) firm specialized in the merger, acquisition and operation of mission-critical services and solutions companies. Since its founding in 1995, Platinum Equity has completed over 40 transactions, building a portfolio of 17 market-leading companies with 16,000+ employees, more than 600,000 customer sites and revenues approaching $4 billion. In 2003 Platinum Equity was named the 34th largest private company by Forbes.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 6, 2004
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