Diversified HealthCare Services Provides MedRisk's PT/Chiropractic Specialty Network to Its Workers' Compensation 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 below fee schedule and usual, customary, and reasonable rate, approximately three times the savings delivered by traditional networks.
About Diversified HealthCare Services, Inc.
Headquartered in San Ramon, Calif., Diversified HealthCare Services, Inc. has been providing the highest quality of service and state-of-the-art technologies to workers' compensation payers since 1993. Diversified offers a comprehensive national service bureau for workers compensation payers including medical bill review, managed care services and fee negotiation. Diversified's overall objective is to facilitate a high level of customer service by providing access to comprehensive information, exemplary database management and flexible software applications tailored to specific client needs. For more information visit www.dhsi.com.
About MedRisk, Inc.
The leading provider of PT managed care programs to the workers' compensation industry, MedRisk was founded in 1994 and has its headquarters in King of Prussia, Pa. MedRisk offers physical therapy provider networks, technologically advanced electronic bill payment and claims management services and its academic and research arm, Expert Clinical Benchmarks® (ECB), LLC, develops and maintains physical medicine treatment guidelines and utilization management protocols. More information is available at www.medrisknet.com.