Jun 23, 2025 | Company News
KING OF PRUSSIA, Pa., June 12, 2025 (GLOBE NEWSWIRE) — MedRisk, a leading managed care organization focused on improving recovery and cost outcomes in casualty claims, announced today the appointment of Satish Narayanan as Chief Data Officer (“CDO”). In this newly established role, Narayanan will lead the company’s enterprise data strategy, leveraging advanced analytics, artificial intelligence (“AI”), and automation to drive client value, improve patient outcomes, and enable smarter decision-making across the business.
Narayanan brings extensive experience leveraging data and technology to drive business growth from senior roles across the financial services industry. Most recently at TD Bank, Satish led the transformation of data and AI platforms, accelerating performance, enhancing customer experience, and strengthening regulatory reporting. His deep expertise in delivering business value, increasing operational efficiency, and prioritizing data privacy in highly regulated industries will be instrumental to advancing MedRisk’s strategic goals.
“Satish’s appointment marks an exciting milestone in our continued evolution as we work to enhance our use of data and AI,” said Sri Sridharan, Chief Executive Officer of MedRisk. “His leadership and expertise will help us expand our capabilities to create more intelligent, proactive, and efficient solutions for our clients and the patients they serve.”
“I’m impressed by the progress MedRisk has already made in harnessing the value of data for its clients,” said Satish Narayanan. “I’m excited to help unlock the full potential of data and AI to bring superior patient care, elevate end-user experience, and deliver best-in-class outcomes – all while continuing to build on MedRisk’s unique and powerful dataset.”
Narayanan’s appointment supports MedRisk’s broader strategy to integrate data, technology, and clinical expertise to improve the claims experience for all stakeholders including payers, providers, and patients. His leadership will also help accelerate the company’s investment in automation and decision intelligence to reduce friction and increase precision across the care and claims journey.
About MedRisk
Founded in 1994 and headquartered in King of Prussia, Pennsylvania, MedRisk was established with a mission to revolutionize physical rehabilitation for workers’ compensation patients. Over the last 30 years, the company has evolved into the nation’s leading managed care organization dedicated to faster recovery, smarter spending, and seamless payments for the casualty claims industry. For more information, please visit www.medrisknet.com or call 800-225-9675.
Oct 9, 2024 | Company News
Rethinking Workers’ Comp: Studies With New Insights
MedRisk is proud to announce that Brian Peers, VP of Clinical Services at MedRisk, and Greg Nichols, President of SPNet, will be panelists on the NWC 2024 speaking session titled Rethinking Workers’ Comp: Studies With New Insights.
The session will be taking place on Wednesday, October 16 from 10:30-11:30am in Session Room 4. Brian and Greg will be joined by Skip Brechtel of CCMSI and Bryan Conner of American Airlines.
Oct 9, 2024 | Company News
Executive Exchange: Moving the Industry from Talk to Change
MedRisk is proud to announce that Sri Sridharan, CEO of MedRisk will be a panelist on the NWC 2024 speaking session titled Executive Exchange: Moving the Industry from Talk to Change.
The session will be taking place on Tuesday, October 15 from 11:00am-12:00pm in Session Room 1. Sri will be joined by John S. Watts, Jr. of Paradigm, Joe Paduda of Health Strategy Associates, and Joseph Berardo, Jr. of Carisk Partners.
Oct 9, 2024 | Company News
Healing to Healthy: How Physical Pharmacy Outcomes Are Transforming Legacy Pain Cases
MedRisk is proud to announce that Brian Peers, VP of Clinical Services will be a panelist on the NWC 2024 speaking session titled Healing to Healthy: How Physical Pharmacy Outcomes Are Transforming Legacy Pain Cases.
The session will be taking place on Tuesday, October 15 from 1:00-2:00pm in Session Room 5. Brian will be joined by Julie Black of MyMatrixx, Michael Marsh of Montana State Fund, and Neil Deblock of Zurich North America.
Sep 4, 2024 | Company News
Acquisition enhances ability to provide superior cost and clinical management for customers
KING OF PRUSSIA, Pa., Sept. 04, 2024 — MedRisk, a leader in managed physical rehabilitation in workers’ compensation, has completed the acquisition of the Casualty Claims Solutions business, including the portfolio of Strataware® products, services, and technologies, from Conduent Incorporated (Nasdaq: CNDT). The acquired business encompasses workers’ compensation and auto casualty bill review solutions and services, including the processing of medical bills and clinical services.
Today, the company will be known as StrataCare, a brand with a long and proud history in the industry. This acquisition expands MedRisk’s portfolio of care and cost management solutions for workers’ compensation and auto insurance carriers, third-party administrators, and self-insured employers, enhancing its ability to provide superior claims outcomes and exceptional service for customers.
“We’re thrilled to welcome the StrataCare team and solutions to the MedRisk family,” said Sri Sridharan, MedRisk CEO. “Together, we’ll leverage our combined expertise and technology to drive even better outcomes and experiences for our customers.”
“The integration of StrataCare’s capabilities with MedRisk’s offerings will create a powerful platform for the industry,” said Beth Fritts, StrataCare’s President. “We’re excited to join forces and innovate together.”
The acquisition demonstrates MedRisk’s commitment to strategic growth and investment in solutions that benefit its customers and the industry. MedRisk looks forward to continuing to deliver exceptional service and outcomes through its expanded offerings. White & Case LLP acted as legal advisor to MedRisk on the acquisition, which was originally announced on May 3, 2024.
About MedRisk
Founded in 1994 and headquartered in King of Prussia, Pennsylvania, MedRisk was established with a mission to revolutionize physical rehabilitation for workers’ compensation patients. Over the last 30 years, the company has evolved into the nation’s leading managed care organization dedicated to physical rehabilitation and medical bill review for the casualty claims industry. For more information, please visit www.medrisknet.com or call 800-225-9675.
About Conduent
Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum – creating valuable outcomes for its clients and the millions of people who count on them. The Company leverages cloud computing, artificial intelligence, machine learning, automation and advanced analytics to deliver mission-critical solutions. Through a dedicated global team of approximately 55,000 associates, process expertise and advanced technologies, Conduent’s solutions and services digitally transform its clients’ operations to enhance customer experiences, improve performance, increase efficiencies and reduce costs. Conduent adds momentum to its clients’ missions in many ways including disbursing approximately $100 billion in government payments annually, enabling 2.3 billion customer service interactions annually, empowering millions of employees through HR services every year and processing nearly 13 million tolling transactions every day. Learn more at www.conduent.com.
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