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MedRisk to acquire Casualty Claims Solutions business from Conduent to enhance care and cost management solutions

PRIVATEMay 03, 2024

Acquiring Company

MedRisk

Acquired Company

Conduent Incorporated

King Of PrussiaFlorham ParkHealth CareInformation TechnologySoftwareArtificial IntelligenceTransportationAnalyticsMachine Learning

Description

MedRisk, a leader in managed physical rehabilitation in workers’ compensation, has agreed to acquire the Casualty Claims Solutions business from Conduent. This acquisition will enhance MedRisk's ability to provide superior claims outcomes and exceptional service for its customers by adding workers' compensation and auto casualty bill review solutions and services to its portfolio.

Quick answer

MedRisk is acquiring Conduent Incorporated, announced May 3, 2024. MedRisk is based in King Of Prussia, Pennsylvania, United States.

How much did MedRisk pay for Conduent Incorporated?
The deal value was not disclosed.
What does MedRisk do?
MedRisk is the leading provider of managed physical medicine for the workers’ compensation industry and related market sectors.
Where are MedRisk and Conduent Incorporated based?
MedRisk is based in King Of Prussia, Pennsylvania, United States. Conduent Incorporated is based in Florham Park, New Jersey, United States.
Who are the decision-makers at MedRisk?
Fundz holds 1 contact at MedRisk. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

MedRisk

Location

King Of Prussia, Pennsylvania, United States

About

MedRisk is the leading provider of managed physical medicine for the workers’ compensation industry and related market sectors. Unified through a uniquely integrated support model, we pride ourselves in combining clinical expertise with highly personal service and responsiveness. This focus allows us to offer distinct value to each stakeholder in the workers’ comp process – carriers and TPAs, employers, adjusters and case managers, physicians, network providers and the patients themselves. In short, we’re here for you; at MedRisk, you’re never just a number – you’re an individual who deserves a solution tailored to your exact needs. We’re here to help you reach your goals and improve your outcomes – whatever they may be.

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Frequently asked

Who acquired Conduent Incorporated?

Conduent Incorporated was acquired by MedRisk, based in King Of Prussia. The deal was reported on May 3, 2024. MedRisk is the leading provider of managed physical medicine for the workers’ compensation industry and related market sectors. MedRisk is privately held and operates in Health Care.

When did MedRisk acquire Conduent Incorporated?

MedRisk's acquisition of Conduent Incorporated was reported on May 3, 2024. MedRisk, a leader in managed physical rehabilitation in workers’ compensation, has agreed to acquire the Casualty Claims Solutions business from Conduent. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Conduent Incorporated do?

Conduent delivers digital business solutions and services spanning the commercial, government and transportation spectrum — creating exceptional outcomes for its clients and the millions of people who count on them. It is publicly traded (CNDT), operating in Information Technology, and is based in Florham Park.

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