CVC Fund VII Acquires Majority Interest in MedRisk

MedRisk Acquires Medata

January 9, 2024

Healthcare Services

MedRisk, a leading managed care organization focused on physical rehabilitation for workers' compensation, has acquired Medata, a provider of cost containment and document management solutions for the workers' compensation and auto liability markets. The deal expands MedRisk's care management and cost-containment capabilities and enables combined data assets to drive new insights and product innovation for customers, patients, and provider partners.

MedRisk Acquires Specialty Physical Therapy Network from Sedgwick

October 24, 2022

Healthcare Services

MedRisk has acquired Sedgwick's specialty physical therapy network, a transaction completed on October 24 for an undisclosed sum. The acquisition expands MedRisk's specialty physical services footprint and strengthens its position in managed physical rehabilitation within the U.S. workers' compensation market.

The Carlyle Group Acquires Significant Majority Stake in Visionary RCM

December 21, 2017

Healthcare Services

Carlyle Growth Investments IV, an affiliate of Carlyle Asia Growth Partners V, has acquired a significant majority stake in Visionary RCM Infotech (India) Pvt. Ltd., a Chennai‑headquartered provider of offshore risk adjustment, medical coding and revenue cycle management services. The investment will support VRCM's growth and expansion of service offerings as the company continues to serve payers and providers across Medicare, Medicaid and commercial health plans.

MedRisk Acquires Select Provider Networks (SPNet)

January 7, 2020

Healthcare Services

MedRisk, a Pennsylvania-based managed care organization focused on physical rehabilitation for injured workers, has acquired Select Provider Networks, Inc. (SPNet) from Select Medical. SPNet will retain its name and leadership and operate independently as MedRisk looks to leverage its resources and technologies to strengthen SPNet's boutique specialty network for the workers' compensation industry; terms were not disclosed.

Experity Ventures Acquires ProMed Capital

July 13, 2020

Financial Services

Experity Ventures LLC acquired 100% of ProMed Capital Venture LLC, a Las Vegas-based provider of medical receivable funding for healthcare providers that works with medical liens and letters of protection. Financial terms were not disclosed; Bryant Park Capital served as exclusive financial advisor to ProMed. The acquisition expands Experity's specialty finance and technology-enabled funding capabilities in the personal-injury litigation ecosystem.

Carisk Partners Recapitalizes with Lee Equity Partners and Elements Health Investors

December 4, 2023

Healthcare Services

Carisk Partners, a Miami-based specialty risk transfer and care coordination company focused on the workers' compensation market, completed a recapitalization led by Lee Equity Partners and Elements Health Investors. The transaction (previous sponsor MBF Healthcare Partners) will fund Carisk's expansion and investments in products and services to strengthen its care coordination and value-based clinical offerings.