KING OF PRUSSIA, PA — MedRisk, a leader in the field of managed physical medicine for workers’ compensation, has unveiled its 2024 Industry Trend Report. The report provides an in-depth analysis of physical therapy utilization and outcomes within the broader U.S. healthcare system. It also highlights potential areas for improvement and innovation within workers’ compensation.
“By taking a broad view that goes beyond workers’ compensation, we’re aiming to share valuable insights derived from extensive research and experience within the U.S. healthcare system,” said Brian Peers, Vice President of Clinical Services and Provider Management at MedRisk.
The company’s 2024 Industry Trends Report is a treasure trove of information for those looking to understand the role of physical therapy in the overall healthcare market. It specifically focuses on where the use of physical therapy over alternative treatments has led to positive clinical and economic outcomes.
The report also provides a comprehensive examination of MedRisk’s own data accumulated over decades. This data gives readers a unique perspective on the long-term developments and trends within the field of physical therapy in workers’ compensation.
Moreover, MedRisk’s report delves into the psychosocial factors influencing recovery times. It underscores the importance of considering a patient’s initial psychological state when evaluating recovery prospects. This is a key factor that can significantly impact recovery time and can’t be overlooked by stakeholders within the workers’ compensation industry.
The report also offers guidance on how to evaluate emerging digital musculoskeletal (MSK) tools in physical therapy. These digital innovations are increasingly shaping the physical therapy landscape, and understanding their potential benefits and limitations is crucial for industry professionals.
Key takeaways from the report include insights into how systems outside of workers’ compensation view physical therapy, the role of speed to PT in overall financial and medical outcomes, the impact of a patient’s initial psychological state on recovery time, and the best approach to evaluate emerging digital MSK innovations in physical therapy.
MedRisk’s 2024 Industry Trends Report is a valuable resource for industry professionals and stakeholders seeking to better understand the evolving landscape of workers’ compensation and the role of physical therapy within it.
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