MedRisk acquires Select Provider Networks

MedRisk has acquired Select Provider Networks from Select Medical (SEM -2%).

SPNet provides a boutique specialty network of physical and occupational therapists to the workers’ compensation industry.

Under the new MedRisk ownership, SPNet will retain its name and operate independently.

“SPNet and MedRisk may have very different managed care programs, but one thing we share is a commitment to quality care for injured workers,” said MedRisk CEO Mike Ryan.

The purchase price was not disclosed.

https://seekingalpha.com/news/3530172-medrisk-acquires-select-provider-networks