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MedRisk acquires specialty network from Sedgwick

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M&A

King of Prussia, Pennsylvania-based MedRisk, which manages physical rehabilitation for injured workers, on Wednesday announced its acquisition of the specialty physical therapy network from Memphis, Tennessee-based Sedgwick Claims Services Management Inc.

Terms of the sale were not made public. 

MedRisk said in a statement that the acquisition will expand its specialty physical services footprint in the U.S. managed care market.