AccuRisk Solutions LLC Acquires Case Management Specialists, Inc.

Ryan Specialty Acquires AccuRisk Holdings

October 30, 2023

Insurance

Ryan Specialty (NYSE: RYAN) has signed a definitive agreement to acquire AccuRisk Holdings, a Chicago-headquartered medical stop loss managing general underwriter (MGU) founded in 2017. AccuRisk generated approximately $25 million of revenue for the 12 months ended July 31, 2023; the transaction, terms undisclosed, is expected to close in December 2023 and will expand Ryan Specialty's employee benefits capabilities and product depth.

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.

BCS Financial Corporation Acquires Medical Risk Managers, Inc.

October 6, 2020

Insurance

BCS Financial Corporation has acquired Medical Risk Managers, Inc. (MRM), a managing general underwriter providing Stop Loss pricing and underwriting services. The acquisition adds MRM’s Stop Loss pricing, underwriting, and case management capabilities to BCS’s Risk Navigator solution set and keeps MRM leadership (Mehb Khoja) in place while MRM remains headquartered in Connecticut.

The IMA Group Acquires Mollie Kallen Case Management (MKCM)

August 10, 2022

Healthcare Services

The IMA Group has acquired Mollie Kallen Case Management (MKCM), expanding IMA’s national case management capabilities within its growing Payer Services division. The acquisition strengthens IMA’s presence in key states including Florida, Georgia, Illinois, Michigan and Ohio; MKCM will retain its leadership and continue operating under its current name.

Cary Medical Management Acquires Managing Care Solutions

October 28, 2021

Healthcare Services

Cary Medical Management (CMM) has acquired Managing Care Solutions (MCS), a physician-led care management services provider that delivers non-face-to-face chronic care management using standardized protocols and embedded technology. CMM will deploy MCS's Team Based Care Management protocols and Smartlink Health–integrated platform across its managed primary care clinics to improve outcomes, reduce provider workload, and lower cost of care for Medicare and other vulnerable patient populations.

Carisk Partners Acquires Advanced Claims Review Specialists (ACRS)

December 13, 2022

Healthcare Services

Carisk Partners, an MBF Healthcare Partners II portfolio company, has completed the acquisition of Advanced Claims Review Specialists (ACRS), a medical cost containment firm that performs evidence-based analysis of medical bills and records. The deal expands Carisk's capabilities in hospital and medical fee negotiation and enhances its ability to manage billed charges in catastrophic workers' compensation cases.