KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–Mike Ryan has been appointed MedRisk’s Executive Chairman and has promoted Ken Martino, CPCU to CEO and President. Martino is also now a member of MedRisk’s board of directors.
Martino has held senior executive positions with leading third-party administrators and insurers for over 35 years. A respected workers’ compensation professional, he has been involved in many aspects of the industry, including philanthropic endeavors. Martino served for more than a decade on the Kids’ Chance of America board before being elected as its President for 2020-21 terms.
“MedRisk has experienced exponential growth over the past decade, and I am very pleased to work alongside Mike to provide organization-wide leadership and to implement future business initiatives with him,” Martino said.
Ryan will continue to be actively engaged in the company, building and nurturing relationships with customers and providers in the workers’ compensation industry.
“With Ken as CEO as well as President, I will continue to pursue the strategic development of client, business, and investor partnerships while exploring expansion opportunities,” Ryan said.
Ryan joined MedRisk in 2011 to develop and implement growth strategies, was promoted to President two years later and became CEO and President in 2017. Ryan named Martino President in 2019 while retaining CEO responsibilities.
Under Ryan’s leadership the company has experienced a 20-plus percent organic compound annual growth rate for the last decade, becoming the largest specialty managed care organization dedicated to the physical rehabilitation of injured workers. With 1,200 employees, MedRisk now serves 95 percent of the nation’s top insurers and third-party administrators in the workers’ compensation industry.
Based in King of Prussia, Pennsylvania, MedRisk is the largest managed care organization dedicated to the physical rehabilitation of injured workers. Clinically driven since its inception, the company has an International Scientific Advisory Board that developed and maintains physical medicine-specific, evidence-based guidelines for workers’ compensation. MedRisk, which has successfully completed a SSAE 18 SOC Type 1 and 2 examinations, ensures high quality care and delivers outstanding customer service. For more information, visit www.medrisknet.com