May 3, 2024 | Company News

King of Prussia, Pa. (May 3, 2024) – We are excited to announce that we have agreed to acquire the Casualty Claims Solutions business, including the portfolio of Strataware products, from Conduent. This business encompasses workers’ compensation and auto casualty bill review solutions and services which include the processing of medical bills and clinical services.
“This acquisition adds to our current care and cost management solutions for workers’ compensation and auto insurance carriers, third-party administrators, and self-insured employers. This will enhance our ability to provide superior claims outcomes and exceptional service for our customers,” said Srivatsan Sridharan, MedRisk CEO. “The combined technology assets from the family of companies will allow us to deliver even more unique and powerful insights for customers across all products.”
About MedRisk
Based in King of Prussia, Pennsylvania, MedRisk is the nation’s largest managed care organization dedicated to the physical rehabilitation of workers’ compensation patients. For more information, please visit www.medrisknet.com or call 800-225-9675.
Media Contact: Katie Peveraro, MedRisk, 610-768-5812, ext. 1151, kpeveraro@medrisknet.com
Apr 25, 2024 | Insights
Early PT can be the key to improved injured worker outcomes and lower claims costs. How can workers’ comp promote quicker access to care?

Any sports fan can probably recall a moment when they saw a professional athlete get injured on the field. A wide receiver limps off the field grabbing his hamstring. A basketball player sprains his ankle. An outfielder nurses his shoulder on the way to the dugout.
For common musculoskeletal sprains, strains and similar injuries, athletes will be in PT almost as soon as they’re off the court — getting them back to full health and function will be top priority for their teams.
That immediate access to PT has proven results, and it’s caused some in the workers’ compensation industry to wonder what would happen if injured workers got that kind of care. After all, a professional athlete is also just a worker doing a job.
“What’s the difference for an industrial athlete that is working in a coal mine and a professional athlete that’s on a football field?” said Greg Nichols, PT, president of SPNet, a division of MedRisk. “They’re still trying to make a living for their family.”
A growing body of evidence suggests that fast and direct access to PT improves outcomes for injured workers and can reduce claims costs. Now, new technologies are helping payers and their PT partners catch potential claims hurdles earlier and improving communication throughout the workers’ comp process.
A Growing Emphasis on Early Access to PT

Greg Nichols, President of SPNet, A MedRisk company.
The broader U.S. health care system has long known the benefits of early PT. A study from the U.S. Department of Defense found that seeing a physical therapist resulted in $3.6 million in reduced medical spending and improved patient outcomes.
“There’s this accumulation of evidence that points towards the benefits of starting the rehab process early,” said Brian Peers, DPT, MBA, vice president of provider management and clinical services at MedRisk.
“It seems to be independent of the body part, the age, the job type, the type of injury, the severity. Across the board, earlier access to rehabilitation is translating to better outcomes — not just clinically but also as far as the claim outcome goes.”
Other studies have found that PT can reduce costs and improve outcomes for a variety of common workers’ compensation injuries. MedRisk’s 2024 trend report found that when PT is used over alternative treatments, payers can see $39,533 in net economic savings for carpal tunnel and $4,160 for low back pain.
The key here: direct patient access. Rather than seeing a primary care physician or a chiropractor first, patients went directly to a PT, as many patients in the Department of Defense study had immediate access to a PT, much like a professional athlete. They didn’t spend time seeing other providers or working through the workers’ compensation system.
Simply put: “If someone needs physical rehabilitation, let’s get them in physical rehabilitation as soon as we can,” Peers said.
Access to quick and conservative medical care like physical therapy is obviously important to improving claims outcomes. Workers’ comp payers and providers need to work together to get injured workers the care they need. Yet speed-to-care in workers’ comp has only increased by about 2% over the past 10 years, per MedRisk’s 2024 injury trends report.
“If the injured worker is struggling to enter into the medical ecosystem, we’ve got to create another entry point somewhere,” Nichols said. “If we don’t have clear channels of communication with these injured workers, then we’re dropping the ball.”
How Does Early PT Drive Improved Patient Outcomes?

Brian Peers, DPT, MBA, Vice President of Provider Management and Clinical Services, MedRisk
In order to get the workers’ compensation industry to embrace early access to PT, it needs to understand the benefits. The studies are clear. “We’re seeing people getting back to work faster. We’re seeing lower expense for the claim overall,” Peers said — but it’s important to know why that’s the case.
So, why is early PT so critical to driving positive claims outcomes?
One component is physical. Early access to care can prevent injuries from getting worse and requiring surgery or other costly treatments down the road. “We want to get these folks started as early as we can because we know that the outcomes will be better,” Peers said.
But the benefits of early PT go beyond physical health improvements. Physical therapists spend significant amounts of time with injured workers. They can detect changes in mood, like depression or anxiety, or flag other biopsychosocial factors that could influence a claim before it derails recovery and drives up costs.
“What we’re starting to learn about is the value of the interaction between the PT provider and the claimant to pick up on barriers that might exist but are buried underneath the surface,” Peers said.
New technologies are helping PTs share these insights with adjusters and other stakeholders; data-driven models are helping to process the information and create recovery models to help predict claim progress. All these factors contribute to quicker return-to-work timelines and lower claims costs.
“TPAs had a bunch of information regarding a claimant, and it would have been great if we were passing that information on to the PT provider early,” said Skip Brechtel, executive vice president of strategic partnerships, CCMSI.
“Clinicians were gleaning all of this information, literally talking to the claimant significantly more in the early stages than an adjuster does. Having that information enhances what we can do to better move along in that claim.”
A Collaborative, Data-Driven Approach

Skip Brechtel, Executive Vice President of Strategic Partnerships, CCMSI
The benefits of early PT — for patient outcomes, for claims costs — are unambiguous. Injured workers get the treatment they need sooner and claims costs are reduced.
MedRisk has long been a leader in providing workers’ compensation PT services. Last year, the company treated over half a million injured workers, and 90% of workers’ comp payers choose MedRisk for managed PT services.
The company has invested in a number of innovative tools to help capture and process claims data so providers and adjusters can effectively use it to drive recovery. Its tools can help process unstructured claims data, like the data gleaned from interviews, so it can be processed and used to drive better recovery outcomes.
“It takes all these things and it scores the claim,” Brechtel said. “You’re capturing significantly more information on that claimant.”
Most important of all, MedRisk understands that workers’ comp is a collaborative business with many stakeholders. It understands the importance of working with health care providers, insurers and other stakeholders to ensure the best possible care for injured workers.
“One party can’t do it alone,” Brechtel said. “It’s got to be all three working in unison.
All in all, MedRisk helps injured workers get the physical therapy they need, when they need it.
“We have a lot of musculoskeletal injuries,” Peers said. “We have this mounting data that’s getting better at predicting who needs what and when, and what’s effective and what’s not working. But we still, as an industry, have to get better at delivering the right care to the right person at the right time to get these outcomes.”
Mar 4, 2024 | Company News
King of Prussia, Pa. (March 4, 2024) – MedRisk, the nation’s largest managed care organization dedicated to the physical rehabilitation of workers’ compensation patients, unveiled its 2024 Industry Trend Report today. The report offers an analysis of physical therapy utilization and outcomes within the broader U.S. healthcare system, shedding light on opportunities for improvement and innovation within workers’ compensation.
“By extending our gaze beyond the confines of workers’ compensation and tapping into the wealth of research and experience within the broader U.S. healthcare system, our 2024 report aims to share valuable insights that can drive positive change for injured employees and claims payers,” said Brian Peers, Vice President of Clinical Services and Provider Management.
In the 2024 Industry Trends Report, MedRisk examines data from the broader healthcare market to see where the use of physical therapy over treatment alternatives is delivering positive clinical and economic benefits and what the industry can learn by looking at decades of MedRisk’s own data.
Current: MedRisk’s also looks at psychosocial factors to recovery and have provided the workers’ compensation industry with a helpful framework when evaluating digital MSK tools.
MedRisk’s report also looks at psychosocial factors influencing recovery and provides the workers’ compensation industry with a helpful framework when evaluating digital MSK tools.
In the report, readers will learn:
- How systems outside of workers’ compensation are viewing physical therapy
- Where speed to PT plays into overall financial and medical outcomes
- How a patient’s initial psychological state impacts recovery time
- The best way to view emerging digital MSK innovations in physical therapy
View MedRisk’s 2024 Industry Trends Report at https://www.medrisknet.com/industry-trends-report-2024.
About MedRisk
Based in King of Prussia, Pennsylvania, MedRisk is the nation’s largest managed care organization dedicated to the physical rehabilitation of workers’ compensation patients. For more information, please visit www.medrisknet.com or call 800-225-9675.
Media Contact: Katie Peveraro, MedRisk, 610-768-5812, ext. 1151, kpeveraro@medrisknet.com
Jan 9, 2024 | Company News
KING OF PRUSSIA, Pa — MedRisk, the leader in managed physical rehabilitation in workers’ compensation, has announced its acquisition of Medata, one of the leading providers of cost management and clinical solutions in the United States.
With this acquisition, customers of both companies will have access to expanded care management and cost containment offerings in workers’ compensation.
“We are excited to add Medata to our team,” said Sri Sridharan, MedRisk CEO. “This will further enable us to deliver superior claims outcomes and experience for our customers, for the patients we serve every day, and for our provider partners. In addition, we will now be able to leverage our inventory of data from both organizations so we can deliver unique insights and additional innovative solutions.”
Based in Irvine, California, Medata provides the most comprehensive cost containment and document management solutions in the workers’ compensation and auto liability industries.
“We are thrilled to become part of MedRisk,” said Medata President Tom Herndon. “Our companies recognize customers want greater alignment among their service partners, and this change strengthens our foundation and will drive investment into product innovation. Together, we will leverage our collective resources to continue delivering exceptional products and services to our customers.”
“For 30 years MedRisk has focused on creating a better experience for patients, our customers, and the entire industry,” said Mike Ryan, MedRisk Executive Chairman. “The addition of Medata is a natural and exciting step forward for us to further accomplish that mission.”
About MedRisk
Based in King of Prussia, Pennsylvania, MedRisk is the nation’s largest managed care organization dedicated to the physical rehabilitation of workers’ compensation patients. For more information, please visit www.medrisknet.com or call 800-225-9675.
About Medata
Based in Irvine, California, Medata provides the most comprehensive cost containment and document management software and solutions for the insurance industry. The company serves insurance carriers, self-insured companies, third-party administrators, state funds, and public entities in the workers’ compensation and auto liability industries. For more information, please visit www.medata.com or call 800-854-7591.
Media Contact
Helen King Patterson, King Knight Communications, 813-690-4787, helen@kingknight.com
Nov 7, 2023 | Uncategorized
MedRisk is sponsoring the 2023 Kids’ Chance of America Awareness Week, November 13-17, 2023.
Kids’ Chance Awareness Week is back in 2023, and it promises to be a meaningful and impactful event. This week-long campaign, running from November 13th to 19th, sheds light on the importance of providing educational opportunities for the children of workers who have been injured or fatally wounded on the job. Kids’ Chance is a nonprofit organization that strives to make a difference in the lives of these deserving young individuals, and this year, MedRisk proudly stands as one of the event’s key sponsors.
Every year, workplace accidents and injuries can have devastating consequences for families. Beyond the immediate physical and emotional toll, these incidents can disrupt a family’s financial stability, leaving children with limited access to educational opportunities. This is where Kids’ Chance steps in, ensuring that these students receive the support they need to pursue their dreams and ambitions through higher education. More information is available here.
MedRisk, a leading provider of managed care services for the workers’ compensation industry, has recognized the importance of Kids’ Chance’s mission and has joined hands as a sponsor for Kids’ Chance Awareness Week 2023. Their commitment to improving the lives of injured workers and their families aligns perfectly with the values of Kids’ Chance. By sponsoring this event, MedRisk is making a positive and lasting impact on the lives of these children, helping them access the education they deserve.
How Can You Help?
You can also be part of this noble cause during Kids’ Chance Awareness Week. By making a donation, you can contribute to providing scholarships, mentorships, and opportunities for these young individuals to secure a brighter future. Your support can help break the cycle of adversity that many of these children face and empower them to achieve their educational goals.
To make a donation and learn more about Kids’ Chance and its mission, click here.
Join us during Kids’ Chance Awareness Week 2023 as we celebrate the power of education and the unwavering commitment to improving the lives of injured workers’ children. Your involvement can make a meaningful difference in the lives of these young individuals, helping them build a better future for themselves and their families.
Together, we can create a more promising tomorrow for these deserving students. Make a difference today and support Kids’ Chance in their mission to provide opportunities for the next generation.
About Kids’ Chance of America
Kids’ Chance of America is a 501(c)(3) organization that provides a forum for state Kids’ Chance organizations to discuss best practices, share resources, and collaborate on projects at a national level. There are 43 state organizations, and collectively, Kids’ Chance organizations have awarded more than 6,500 scholarships across the country, totaling over $20 million. For more information, please see www.kidschance.org.
About MedRisk
Based in King of Prussia, Pennsylvania, MedRisk is the largest managed care organization dedicated to the physical rehabilitation of injured workers. One of the Inc. 5,000 fastest growing companies, MedRisk counts over 162,000 providers in its network and serves over one-half million injured workers every year. The company holds direct contracts with more than 90 percent of the nation’s top workers’ compensation insurers and third-party administrators. MedRisk, which has successfully completed a SSAE 16 Type II examination, ensures high quality care and delivers outstanding customer service. To that end, all customer service professionals, healthcare advocates and physical therapists are based in the U.S. For more information, visit www.medrisknet.com or call 800-225-9675.