MedRisk Acquires Select Provider Networks (SPNet)

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.

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.

CVC Fund VII Acquires Majority Interest in MedRisk

February 23, 2021

Healthcare Services

CVC Capital Partners’ Fund VII signed a definitive agreement to acquire a majority interest in MedRisk, a leading U.S. provider of managed physical medicine services for the workers’ compensation market. The Carlyle Group will retain a significant stake and maintain joint control while MedRisk’s management and founder will reinvest; the investment is intended to accelerate growth and expand the company’s market-leading services across the U.S.

Physical Rehabilitation Network (PRN) Acquires Spine & Sport Physical Therapy

March 3, 2025

Healthcare Services

Physical Rehabilitation Network (PRN), a Gryphon Investors portfolio company, has acquired California-based Spine & Sport Physical Therapy, adding 51 clinics across Southern and Northern California to PRN's network. Spine & Sport's CEO Brett Raasch and the management team will remain in place as the business joins PRN's California brands to expand access to outpatient physical therapy services.

MedRisk Acquires Horizon Casualty Services PPO Network Business

February 7, 2026

Healthcare Services

MedRisk has acquired the Horizon Casualty Services (HCS) PPO Network business from Horizon Mutual Holdings. The deal expands MedRisk’s managed-care and network capabilities across the casualty claims market, enabling improved patient outcomes and greater value for clients in workers' compensation and auto casualty claims.

Option Care Health Acquires Specialty Pharmacy Nursing Network (SPNN) from HealthEdge

April 12, 2022

Healthcare Services

Option Care Health (Nasdaq: OPCH) acquired Specialty Pharmacy Nursing Network (SPNN), a national provider of specialty home infusion nursing services, from HealthEdge Investment Partners. The deal expands Option Care Health's nursing platform and access to clinical resources across the United States as part of its continued consolidation of home and alternate-site infusion services.