Panel of Consultants

What Panel of Consultants does

Panel of Consultants is a private, Washington State-based professional services firm founded in 1978 that provides Independent Medical Evaluations (IMEs), second-opinion medical examinations, and medical-legal consultations. It serves industrial and casualty insurance providers, legal professionals, and third-party administrators across the United States and internationally, with a stated focus on workers' compensation and casualty claims. The firm operates five physical offices across the Puget Sound region (Seattle headquarters, Tacoma, Tukwila, Renton, and Everett), with specialized examinations (ophthalmology, otolaryngology, etc.) sometimes conducted in specialists' private offices. Its signature offering is the multi-examiner panel evaluation, in which two or more physicians are present in the same room at the same time, hearing the same history and observing each other's examinations before conferring and concurring on a combined recommendation, distinguishing it from typical single-physician IME providers.

The firm's core methodology is grounded in evidence-based medicine, using standards from the Oxford Centre for Evidence Based Medicine and a Level A through D classification system for grading medical evidence (Level A: randomized controlled trials and cohort studies; Level D: expert opinion without critical appraisal). All physicians must be board-certified with active practice (or past active practice of at least ten years) and unrestricted licenses, and are submitted for approval as preferred providers under the Washington State Department of Labor & Industries. Reports are delivered approximately one week after examination and pass through a medically based quality assurance process. The firm has introduced State of Washington accredited continuing education programs on AMA Guides ratings (5th and 6th editions) for claims examiners, adding an education revenue stream on top of its fee-for-service evaluation business.

Commercially, Panel of Consultants operates a B2B, sales-led professional services model with no publicly disclosed pricing. Customer acquisition relies on direct relationships, reputation, and referrals from insurance providers, legal professionals, and third-party administrators, supported by dedicated departmental contacts for appointments, records, reports, and training. The firm is privately held, founder-led, has no disclosed investors or parent company, and has not raised funding or completed acquisitions.

Name

Panel of Consultants

Legal name

Panel of Consultants

Website

https://panelofconsultants.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Panel of Consultants is a privately held, Washington State-based professional services firm founded in 1978 that conducts Independent Medical Evaluations, multi-examiner panel evaluations, and medical-legal consultations for industrial and casualty insurance providers, legal professionals, and third-party administrators across the United States and internationally.

Ownership category

akta.pro rank

Product category

Independent Medical Evaluation Services

NAICS

Offices of Physicians (except Mental Health Specialists) (621111)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Litigation Support & Expert Witness Services (BPAHALAG)

Keywords

• Independent medical evaluations
• Panel medical evaluations
• Medical-legal consultations
• Impairment rating services
• AMA guides training

Headquarters

HQ city

Tukwila

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Independent Medical Evaluations (IMEs): Fee-for-service model for conducting independent medical evaluations. Single physician evaluations and multi-examiner panel evaluations are conducted for industrial and casualty insurance providers, legal professionals, and third-party administrators. Revenue is generated per evaluation based on the complexity and number of specialists involved.
2. Second Opinion Medical Exams: Medical consultations providing second opinions on diagnoses, treatment recommendations, causality determinations, and impairment ratings. These are billed as professional evaluation services.
3. Medical-Legal Consultations: Expert medical opinions and consultations for legal professionals, particularly in workers' compensation cases. Services include establishing diagnosis, determining causality, recommending treatment, determining medical fixity, and providing ratings.
4. Training and Education Programs: State of Washington, Department of Labor & Industries accredited continuing education for claims examiners. Courses include AMA Guides ratings, IME understanding, and industry-specific topics. Also includes informational seminars without CE credit.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Panel of Consultants provides Independent Medical Evaluations (IMEs), second-opinion medical examinations, and medical-legal consultations primarily for industrial and casualty insurance providers, legal professionals, and third-party administrators in the workers' compensation domain. The firm is distinguished by its multi-examiner panel approach in which multiple specialists examine the same case together and concur on findings, with all reports authored solely by physicians using an evidence-based medicine framework.

Product overview

Panel of Consultants is a provider of Independent Medical Evaluations (IMEs), panel evaluations, and medical-legal consultations founded in 1978. The core offerings include single-physician IMEs, multi-examiner panel evaluations where specialists collaborate in real-time, and evidence-based medicine evaluations using Oxford University standards. Supporting services include training programs with Washington State Department of Labor & Industries accredited continuing education and quality assurance processes. The company operates multiple locations in Washington State (Seattle, Tacoma, Tukwila, Renton, Everett) and accepts cases nationally and internationally.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Medical Evaluations (IME)

Quantifiable outcome

• Reports completed and in the mail one week after examination
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• MCMC LLC: Independent medical review and IME provider serving insurance carriers, employers, and government entities. Offers peer review, utilization management, and independent medical evaluations—directly comparable service mix to Panel of Consultants.
• Dane Street: National IME and peer review company serving insurance carriers, TPAs, and government agencies. Provides independent medical evaluations, peer reviews, and medical necessity reviews using a panel of physicians—closely aligned with Panel of Consultants' service model and customer base.
• Managed Medical Review (MMR): Provides independent medical evaluations, peer reviews, and medical record reviews for workers' compensation and disability claims. Direct competitor in the IME space serving similar insurance and legal clients.

Broad incumbents

• Genex Services: Major provider of IME, case management, and managed care services for workers' compensation and disability markets. Operates nationally with a broader service portfolio than Panel of Consultants but competes directly for the same workers' comp insurance customer base.
• Concentra: Large occupational health and IME provider with hundreds of clinics nationwide. Offers independent medical evaluations and workers' comp services through a clinic-based physician network, comparable to Panel of Consultants' physician-led evaluation model.
• Broadspire (Crawford & Company): Global claims management and medical management services division of Crawford & Company, offering IMEs, medical case management, and utilization review. Significantly larger scale but directly serves the same workers' compensation insurance and TPA customers.
• ExamWorks Group: One of the largest U.S. IME and peer review service providers, offering a broad portfolio of independent medical evaluations, record reviews, and utilization management across all 50 states. Directly comparable business model to Panel of Consultants but at vastly larger scale and broader geographic reach.

Regional players

• Premier Medical Group: Regional IME and medical-legal evaluation provider serving specific U.S. markets. Comparable service offerings to Panel of Consultants but confined to particular geographic regions, similar to Panel of Consultants' WA State concentration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/CentralSeattleP
• LinkedInlinkedin.com/company/panel-of-consultants

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Panel of Consultants