EBMS

Third party administrator in Billings, Montana, founded in 1980, with its own clinical, pharmacy and captive programs. It is backed by the private equity firm Water Street Healthcare Partners.

Compiled from public sources. Not yet confirmed by the company.

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Headquarters
Billings, Montana
Service area
Montana
Licensed in
3 states
Ownership
Private equity backed

Facts

Website
ebms.com [1][5]
Legal name
Employee Benefit Management Services [1]
Headquarters
Billings, Montana [1]
Founded
1980 [1]
Ownership
Private equity backed [6]
Parent company
Water Street Healthcare Partners [6]
Services
Care management, Pharmacy benefits, Stop-loss coordination [1]
Plan types
Captive, Self-funded employer [1]

Service area

Where the company says it works.

1 state [1]

Licensed in

States whose insurance department lists it as a licensed or registered TPA. A license is not the company saying it serves a state.

3 states [2][3][4]

Of the 17 states whose license records are in the directory so far. The dashed squares are states not checked yet. Which states are in.

Sources

The small numbers beside each fact point here. Each source is listed once, with what it backs and when we read it.

  1. Source 1: Company website

    Used for name, legal name, website, phone, headquarters, founded, services, plan types, service area and summary. Accessed .

  2. Source 2: NAIC State Based Systems license lookup

    Used for licenses. Accessed .

  3. Source 3: New Jersey Department of Banking and Insurance

    Used for licenses. Accessed .

  4. Source 4: South Dakota Division of Insurance

    Used for licenses. Accessed .

Show 2 more sources
  1. Source 5: Aetna

    aetna-signature-administrators (PDF)

    Used for name and website. Accessed .

  2. Source 6: waterstreet.com

    waterstreet.com/companies/ebms

    Used for ownership, parent company and summary. Accessed .

Listing last checked .