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MedRisk

Provider of managed physical medicine and bill review services.

Discussion

Company facts

Founded
1994
Employees
1,000
Headquarters
United States
CEO
Shelley Boyce, Sri Sridharan
Type
Private
Funding
Private Equity · 2021

About

In 1994, Shelley Boyce founded MedRisk with a revolutionary vision: to transform how the workers' compensation industry manages physical rehabilitation. She pioneered managed care concepts that combined clinical quality with cost management, creating a specialty approach that the industry had never seen before. What started as a mission to ensure injured workers received the right care at the right time has evolved into the nation's leading managed care organization dedicated solely to physical medicine in workers' compensation. Today, MedRisk serves over 95% of the top workers' compensation insurers and third-party administrators, processing more than 500 million bills and leveraging 13 petabytes of integrated claims and clinical data. The company has expanded through strategic acquisitions like SPNet, StrataCare, and Medata, creating an integrated ecosystem that combines deep provider networks, intelligent bill review, payment integrity solutions, and advanced analytics. By human expertise with artificial intelligence and data-driven insights, MedRisk continues to accelerate recovery times, control costs, and elevate the experience for every stakeholder - from injured workers to payers to providers.

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