Rising Medical Solutions announced on April 12 the acquisition of Preferred Disability Management (PDM), a regional case management company headquartered in Carmel, Indiana. PDM’s services supplement Rising’s own portfolio and include telephonic, field-base and catastrophic case management services as well as medical record analysis, physician peer reviews, triage services, independent medical evaluations, life care planning, medical cost projections for setting reserves and return to work assessments.
With the acquisition of PDM, Rising reinforces its delivery of full-service managed care solutions to the national marketplace while deepening its Midwest presence. Financial terms of the deal were not disclosed.
PDM provides expert management of complex lost time workers’ compensation claims for insurers, third party administrators and self-insured employers. Focusing on service delivery in Indiana, Illinois, Missouri, Ohio and Michigan, PDM’s team of nurse case managers have expert knowledge of community hospitals, physicians, therapists and other providers treating injured employees in the region.
Rising Medical Solutions is a medical-financial solutions firm that provides medical and hospital bill review and medical cost containment services to the workers’ compensation, auto, liability and group health markets. Rising provides comprehensive healthcare management solutions to a diverse client base including top insurance carriers, self-insured employers, government entities, TPAs and attorneys. Founded in 1999, Rising has grown to a nationwide company with more than 200 employees.
According to data captured in the LevinPro HC database, this marks the 591st transaction of 2023 across 12 healthcare sectors.
