KING OF PRUSSIA, Pa.--(EON: Enhanced Online News)--MedRisk, Inc., the nation’s leading provider of physical medicine management to the workers’ compensation industry, has acquired Medical Diagnostic Associates Management, Inc. (MDIA) based in Calabasas, Calif., and its access to a national diagnostic imaging network.
“We are delighted to work with a company that shares our values”
The acquisition is expected to enhance both companies’ ability to manage medical costs and treatment strategies for improved patient care. Among the benefits to injured workers and payers are swift and smooth access to imaging, faster diagnoses and the ability to start physical medicine treatment sooner. The acquisition is supported by a marketplace demand for an alternate national imaging network.
Similar corporate philosophies built on clinical expertise and customer service brought the companies together. “We are delighted to work with a company that shares our values,” said Shelley Boyce, CEO of MedRisk, noting that MedRisk continuously analyzes treatment protocols and compares evidence-based guidelines against its 20 years of claims data to facilitate quality care and manage costs. “MDIA has an impressive physician-driven, outcomes-based approach to diagnostic imaging,” she said.
“MedRisk and MDIA both use advanced technology and on-site clinical expertise to contain costs and improve patient care. Unlike its competitors, MDIA has access to on-site, board-certified radiologists to oversee patient referrals and ensure that the appropriate examination, using the appropriate modality is performed. Studies can be accessed online 24/7 and those radiologists are available to discuss examination results with referring physicians and payers,” said MDIA’s Founder Ronald J. Friedman, M.D. “All of us at MDIA are looking forward to our new relationship with MedRisk.”
MedRisk Inc. is a leading managed care company specializing in the physical rehabilitation of injured workers. Founded in 1994 and based in King of Prussia, Pa., MedRisk has been ranked as one of the fastest-growing companies on several lists, including Modern Healthcare’s Fast 40, the Inc. 500|5,000 and Deloitte’s “Technology Fast 50.” MedRisk is fully accredited under URAC and has successfully completed a SSAE 16 Type II examination. MedRisk’s programs deliver savings and operational efficiencies that are significantly greater than traditional programs. Customers include insurance carriers, self-insured employers, third-party administrators, state funds, general managed care companies, case management companies, claims adjusters and physical medicine providers. To make a referral or obtain more information, visit www.medrisknet.com or call 800-225-9675.
Based in Calabasas, Calif., Medical Diagnostic Associates Management, Inc. (MDIA) provides access to a national diagnostic imaging and electro diagnostic services network. Recognized by Health Imaging & IT Magazine as a “Top 25 Connected Healthcare Facility,” MDIA provides access to physician-managed imaging services for the workers’ compensation community. This clinical oversight by board certified physicians ensure that the right modality is applied for each patient’s unique situation which helps to significantly reduce costs while improving diagnostic accuracy. The MDIA program is further distinguished by its innovative web-based technologies for viewing, archiving and retrieving diagnostic images 24/7. Customers include insurance carriers, self-insured employers, third-party administrators, state funds, general managed care companies, case management companies, claim adjusters. To make a referral or to obtain more information, please visit www.mdia.com.