MedRisk’s 2024 Industry Trends Report looks at physical therapy outcomes through the lens of the broader U.S. healthcare system

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

MedRisk Acquires Medata to Further Improve the Claims Experience for Customers, Patients, and Providers

MedRisk Acquires Medata to Further Improve the Claims Experience for Customers, Patients, and Providers

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

MedRisk Announces Sri Sridharan as Chief Executive Officer

King of Prussia, Pa. (September 19, 2023) — MedRisk, the leader in managed physical rehabilitation in workers’ compensation, today announced the appointment of its President Sri Sridharan to Chief Executive Officer, effective immediately.

As CEO, Mr. Sridharan will assume strategic leadership responsibilities across all functions within the organization. He will continue to guide MedRisk toward its mission of restoring movement, empowering recovery, and driving progress in workers’ compensation.

“Sri is a dynamic leader who is committed to our purpose of helping both patients and our clients. We are pleased to name him CEO,” said Mike Ryan, Executive Chairman of MedRisk and its Board of Directors.

During his tenure at MedRisk, Mr. Sridharan, in partnership with the leadership team, made significant advancements in client management, analytics, and provider relations, driving the company to implement operational enhancements for improved client service, introduce cutting-edge technology for scalable patient engagement, and streamline processes to enhance provider satisfaction.

Mr. Sridharan joined MedRisk as Chief Client Officer in 2022 and was appointed President in 2023. He has two decades of executive leadership experience at large organizations in the insurance industry, including Marsh, and holds a master’s degree from the University of Michigan.

“It’s a privilege to work with one of the best teams in this industry. Working closely with our providers, we will continue to deliver exceptional service to our clients and a positive recovery experience for our patients,” said Mr. Sridharan.

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.

Contacts
Helen King Patterson, APR, King Knight Communications 813-690-4787, helen@kingknight.com

Introducing “The Elevated Experience”

Introducing “The Elevated Experience”

We are proud to share the remarkable success that our clients and Injured Workers have experienced with us

As a leader in PT services, MedRisk has consistently led the way in innovation and achieved unparalleled results for countless individuals.

“The Elevated Experience” sheds light on positive experience and how your business can reach new heights of success when working with MedRisk.

Introducing “The Elevated Experience”

MedRisk’s Aubrie Cunningham is a Winner of the 2023 Business Insurance Break Out Awards

Learn about Aubrie’s award-winning success:

Background

As Senior Vice President of Pricing and Business Intelligence, Aubrie Cunningham is the data analytics expert of MedRisk, the leading provider of managed physical medicine services for the workers’ comp industry and related market sectors.

Cunningham joined MedRisk as a Customer Service Professional in November 2013, a little over nine years after completing her Bachelors of Health Science from Drexel University in Philadelphia, PA. During this time, she was also obtaining her Master of Health Administration (MHA) with a concentration in Health Informatics at St Joseph’s University.

Shortly after, Cunningham moved into the role of Account Representative, supporting the executive account management team through data, analytics and reporting. During this time, she became more involved with a variety of client-facing projects and meetings, helping handle one of the company’s largest clients. In July 2015, she moved into a position as a Junior Process Engineer.

In the years that followed, Cunningham developed the Reporting team from a task-based team of three people to a business unit consisting of over 20 people from the US and overseas, specializing in Consultative Analytics and Business Intelligence. She was named Employee of the Year in 2019.

With her in-depth knowledge on the business, its processes, and workflows and her experience across multiple departments, Cunningham grew at an accelerated trajectory, allowing her to expand her role quickly from Supervisor, to Manager, to Director, to Vice President, and ultimately, Senior Vice President.

Today, Cunningham leads MedRisk’s department of data experts, a fundamental team that helps the organization make strategic business decisions based on data and trends.

Client Service

As Senior Vice President of Pricing and Business Intelligence, Aubrie Cunningham fully supports an international operation of over 1,000 employees for an organization that generates over $700M in revenue. As part of this role, she also spearheads the development and support of all internal analytics projects including day-to-day business support reporting, workflow and process transparency reporting, issue resolution reporting, trends reports, all client/provider pricing reports, revenue/margin/financial reporting, and health of organization reports.

In addition to internal projects, Cunningham is also the driving force behind the development and support of all external analytics projects. This includes stewardship presentations, an annual probe into each MedRisk client’s portfolio, evaluating performance, identifying trends, and determining opportunities. Moreover, she leads the creation of monthly/quarterly/annual performance reporting packages, trending details, and additional opportunity/leakage reporting.

Across the different roles she held in the organization, Cunningham has been actively involved in external client meetings, where she brings in an analytics approach on metrics being presented and discussed. By constantly working directly and engaging with clients, she is able to identify their specific reporting needs and gaps in metrics. In addition, she provides each of them with consultative support, allowing clients to expand their business intelligence dashboards as a method to better provide transparency for their program.

Expertise

Throughout her career in MedRisk and as its current principal resource in data and analytics, Aubrie Cunningham has been instrumental to the growth of the organization’s reporting capabilities.

With the intention of having a dedicated “one-stop shop” for MedRisk’s internal and external businesses, she led the formation and support of the company’s business intelligence unit. Working together with this team, Cunningham paved the way for the creation of several business intelligence dashboards that have been pivotal in providing insights for strategic decisions for clients. Among the dashboards developed were for Revenue Operations Insights (start-to-finish transparency into revenue operations cycles with distribution of work to employees and performance metrics), Provider Management Insights (provider monitoring including health of client, trends, and outcomes), Financial Reporting Metrics (supporting the organization’s Finance and Executive team in identifying trends, financial metrics, and decision-making), Account Management Performance Dashboard (insurer/TPA/employer monitoring including health of client, trends, and outcomes), Human Resources Insights (employment, tenure, and performance), Core Operations Insights (start-to-finish transparency into core operations cycles with distribution of work to employees and performance metrics), and KPI Insights (full internal business insights).

Furthermore, Cunningham advanced the addition of data science roles within MedRisk and improved modeling/predictive capabilities, including the creation of its Patient Risk Scoring model and Provider SmartMatch model.

Leadership

In her nine years with MedRisk, Aubrie Cunningham has had a successful journey across various roles and departments, including operations, account management, and IT. Joining the company first as a Customer Service Professional, she later moved on into the roles of Account Representative, Junior Process Engineer, Supervisor of Data Analytics, Manager of Data Analytics, and ultimately, as Senior Vice President of Pricing and Business Intelligence.

Across the different roles she held, Cunningham displayed exemplary performance. Her experiences as a Customer Service Professional, Account Representative, and Junior Process Engineer contributed to building her knowledge of the business, creating a solid, well-versed foundation that allows her to view projects with multiple lenses.

As she moved on to larger roles as Supervisor of Data Analytics, Manager of Data Analytics, and now, as MedRisk’s Senior Vice President of Pricing and Business Intelligence, Cunningham has utilized her expertise and business acumen to manage multiple teams and pilot several successful projects. From report provision, to gap and opportunity identification, to consultative support for both internal and external clients, she has made great contributions to creating the structure for the organization’s data capabilities and expanding them in the long run.

Today, Cunningham serves as the forefront of the MedRisk’s growing data team and supports an international operation of over 1,000 employees and numerous external partners. Grounded in strong business knowledge and her sharp analytical approach, she continues to lead with clear purpose and strategy in mind.

MedRisk Celebrates 25th Anniversary

King of Prussia, PA (December 27, 2022)

In 2019, MedRisk celebrated its 25th anniversary.

We’ve come a long way since we offered the workers’ comp community the first specialty managed care program for physical therapy services in 1994.

Join us in celebrating our silver anniversary as we take a look at what we’ve accomplished in the last 25 years.

 

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