Founders Diaries: Introducing Premier Medical chairman Harry Brünjes
3 min read
01 November 2016
Harry Brünjes first sold, and then bought back, Premier Medical – and the big plans he has for its futures will be detailed in his Founders Diaries columns.
I’m Harry Brünjes and the owner of Premier Medical, a business which provides medical reporting, screening, rehabilitation and diagnostic services to the personal injury claims market.
Launched in 1995, the business was acquired by Capita for £62m in 2010. Following the acquisition of Insurance Medical Group in 2011, the combined businesses became Capita Medical Reporting. The business was then bought back by me in July 2016 and the Premier Medical turnover has grown to £45m – with the business is on track to grow by £5m this year.
So far this year, I have has taken on a £7m trade debt book, acquired a £2m medico-legal company, acquired all the shares in WARP, a medical software business, and am currently looking to make two further acquisitions in the health sector.
As a business builder I’m keen to grow Premier Medical’s services and presence across the UK and to extend its reach into new markets over the next few years. The business will be building on its excellent reputation in the market and will provide its 300-plus clients with a more clinically-focused service.
A serial entrepreneur, I’m also medical doctor, professional pianist and have a passion for the theatre. Through this regular column for Real Business, I will be charting how I steer Premier Medical on its return to independent ownership and addressing the challenges of both seeking out complementary acquisitions, while also encouraging my management team to grow the business organically.
I’ll also talk about how I plan to adapt the business in the face of significant changes the government is making to MedCo – the compulsory system that facilitates the sourcing of medical reports for hundreds of thousands of legal claims for soft-tissue injuries (such as whiplash) – the major chunk of the medical reporting market.
There will also be some insights into how I manage my time, given my many different commitments, and maintain a healthy work/life balance.