MedRisk, Diversified HealthCare Services Ink Deal on Workers’ Comp Physical Therapy

August 20, 2003

MedRisk, Inc. and Diversified HealthCare Services, Inc. have signed an agreement, providing MedRisk’s ( entire Expert Provider Organization (EPO) network of workers’ compensation physical therapy (PT) specialists to Diversified’s clients.

“We are always investigating ways to save money for our clients and ensure that injured workers receive the highest quality care,” said Jorge Garratt, president of Diversified. “MedRisk has proven track records in both areas. Since physical medicine accounts for 20 to 30 percent of the workers’ compensation dollar nationally, we expect to see significant savings from this partnership.”

Through the agreement, Diversified’s ( clients can now access MedRisk’s network of more than 11,000 physical and occupational therapists and chiropractors.

The providers agree to a unique global diagnostic treatment reimbursement plan that typically delivers savings between 30 to 40 percent reportedly below fee schedule and usual, customary, and reasonable rate, approximately three times the savings delivered by traditional networks.

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