# MedRisk

MedRisk is an other based in King of Prussia, United States.

## Overview

- **Organization type:** other
- **Headquarters:** King of Prussia, United States
- **Region:** North America
- **Address:** King of Prussia, PA, United States
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** medrisknet.com
- **LinkedIn:** https://www.linkedin.com/company/medrisk-inc

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1994 and headquartered in Conshohocken, 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 a leading managed care organization dedicated to physical rehabilitation and medical bill review for the casualty claims industry.

## Sectors

- Healthcare Services
- InsurTech

## People

- Mike Ryan — CEO
- Shelley Boyce — Founder

## Questions

### What does MedRisk actually do within the workers' compensation supply chain?

MedRisk functions as a managed-care intermediary specializing in physical medicine — physical therapy, occupational therapy, and chiropractic care — for workers' compensation claimants. It does not treat patients directly. Instead, insurers and third-party administrators refer injured workers to MedRisk, which steers them to a credentialed network of roughly 30,000 independent providers, conducts peer-to-peer clinical oversight, and handles billing. The company earns revenue by contracting with payers on a per-claim or per-episode basis and paying providers at negotiated rates.

### How does MedRisk generate returns for its private equity owners?

MedRisk generates revenue by contracting with workers' compensation payers — primarily insurance carriers and self-insured employers — to manage physical-medicine spend. Because the company captures a margin between payer fees and provider reimbursements, scale and claims-volume growth drive EBITDA. The value-creation thesis under each PE sponsor has centered on expanding the provider network, investing in outcomes-analytics technology, and pursuing add-on acquisitions in adjacent workers' comp services.

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- [Layer Labs](https://altss.com/profile/layer-labs-pty-ltd)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/medrisk

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