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MedRisk - About the company

MedRisk is an acquired company based in King Of Prussia (United States), founded in 1994. It operates as an Integrated clinical oversight solutions for Managed Physical Medicine & Diagnostic Imaging. MedRisk has raised an undisclosed amount in funding. The company has 48 active competitors, including 5 funded and 14 that have exited. Its top competitors include companies like Nomi Health, Alegeus and NRC Health.

Company Details

MedRisk provides managed PT/OT/chiropractic care, diagnostic imaging services, and FCEs for the workers' compensation industry. Solutions include Managed physical medicine, Managed diagnostic imaging, Delayed recovery solutions - Restore, Utilization review, Functional capacity evaluations, Document management, Data analytics, Best-practice claim-workflow automation, Specialty network services, Network integration, and Patient Advocacy. The company works serves Insurance Carriers, TPAs, State funds, Adjusters and Case Managers, Employers, Physicians, and Network Providers. Ranked among the 40 fastest-growing U.S. healthcare companies by Modern Healthcare magazine.
Social
Facebook
Registered Address
King Of Prussia, Pennsylvania
Key Metrics
Founded Year
1994
Location
King Of Prussia, United States
Stage
Acquired
Ranked
Employee Count
1,207 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by CVC (Feb 23, 2021)

MedRisk's acquisition details

MedRisk got acquired by CVC on Feb 23, 2021.
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MedRisk's funding and investors

MedRisk has raised funding over 2 rounds. Its first funding round was on Feb 10, 2016. Its latest funding round was a Conventional Debt round on 2018 for $*****. 1 investor participated in its latest round. MedRisk has 3 institutional investors.

Here is the list of recent funding rounds of MedRisk:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2018
3437
Conventional Debt
8438
6466
6312
5790
Feb 10, 2016
2974419
PE
6606299
1297792
7810092
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MedRisk's founders and board of directors

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MedRisk's employee count trend

MedRisk has 1,207 employees as of Sep 26. Here is MedRisk's employee count trend over the years:
Employee count trend for MedRisk
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MedRisk's Competitors and alternates

Top competitors of MedRisk include Nomi Health, Alegeus and NRC Health. Here is the list of Top 10 competitors of MedRisk, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nomi Health
Nomi Health
2018, Orem (United States), Series A
Provider of diversified system and services for health care sector
$110M
63/100
2nd
Logo for Alegeus
Alegeus
1995, Waltham (United States), Acquired
Provider of healthcare benefits administration solutions
-
58/100
3rd
Logo for NRC Health
NRC Health
1981, Lincoln (United States), Public
Provider of solutions that facilitate measurement and improvement of the patient and employee experience
-
58/100
4th
Logo for MedXoom
MedXoom
2013, Boca Raton (United States), Acquired
Cloud-based health benefits management platform for employers, patients, and providers
$11.4M
55/100
5th
Logo for WebMD Health Services
WebMD Health Services
2002, Portland (United States), Unfunded
Cloud-based suite solution for organizations and employee
-
-
52/100
6th
Logo for MedRisk
MedRisk
1994, King Of Prussia (United States), Acquired
Integrated clinical oversight solutions for Managed Physical Medicine & Diagnostic Imaging
-
50/100
7th
Logo for Ribbon Health
Ribbon Health
2016, New York City (United States), Acquired
Provider of predictive data analytics platform for healthcare providers
$59.1M
49/100
8th
Logo for MCG Health
MCG Health
1990, Seattle (United States), Unfunded
Informed healthcare strategies and solutions for improved patient care
-
-
43/100
9th
Logo for Superior Dental Care
Superior Dental Care
1984, Centerville (United States), Acquired
Dental benefits innovator providing affordable, quality dental care and support
-
-
42/100
10th
Logo for MedSynergies
MedSynergies
1996, Irving (United States), Acqui-Hired
Financial and Operational management systems for healthcare providers
$155M
41/100
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MedRisk's Investments and acquisitions

MedRisk has acquired 2 companies including Medata and SPNet Clinical Solutions. MedRisk has not made any investments as of now.

Reports related to MedRisk

Here is the latest report on MedRisk's sector:

News related to MedRisk

lockFilter this list
Media has covered MedRisk for 1 event in last 1 year.
•
MedRisk Acquires Horizon Casualty ServicesGlobeNewswire•Feb 03, 2026•MedRisk
•
MedRisk Announces Sri Sridharan as CEOBusiness Wire•Sep 19, 2023•MedRisk
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