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Joseph Berardo Jr., CEO, Carisk Partners, Joins Expert Panel Discussing Private Equity Investing in the Behavioral Healthcare Industry

October 2, 2018

MIAMI--(BUSINESS WIRE)--Oct 2, 2018-- (Carisk), a specialty risk transfer, care coordination company, announces that Joseph Berardo Jr., CEO, Carisk and operating partner, MBF Healthcare Partners LP, will participate on the panel addressing, “Addiction & Substance Abuse Clinics -- Opportunities for PE to Help Tackle Addiction & the Opioid Epidemic” at the Private Equity Investing in Behavioral Healthcare Companies, Thursday, Oct. 4, 8 a.m. — 5 p.m., ET, The University Club, New York, New York. Berardo brings his experience in leading Carisk, which specializes in risk-transfer and care coordination for injured workers who are often delayed in their recovery as a result of substance use disorder or other co-morbid behavioral health challenges.

“Following the passing of the Mental Health Parity Act, the behavioral health market has grown in interest for private equity investing,” says Berardo. “In this space, we’ve seen enhanced outreach and coverage especially for those with disabilities and behavioral health conditions. Investors need to consider payer dynamics, contracting of quality networks and continuum of care as important factors. The ability to track clinical outcomes is vital when you consider accreditation status and delivering on client value to be differentiated in a crowded market.”

The Carisk Pathways to Recovery solution addresses both clinical and behavioral health components in delayed recovery and complex, catastrophic cases. Carisk brings over 20 years of experience to the workers’ compensation and no-fault auto markets to improve outcomes and facilitate the closing of claims.

About Carisk Partners

Carisk (formerly Concordia Care, Inc.) is a specialty risk transfer, care coordination company serving insurers, government entities, self-insured plan sponsors and other managed care organizations. With a foundation in behavioral health, Carisk’s combined end-to-end solutions include risk-transfer and care coordination of delayed recovery and complex, catastrophic cases. Carisk guarantees to improve outcomes and reduce long-term cost of care for its clients by leveraging its biopsychosocial methods, extensive networks of quality providers and proprietary technologies modeled for the early identification and intervention of high-risk patients. Carisk is the first and only Managed Behavioral Healthcare Organization with dual accreditations from both the National Committee for Quality Assurance (NCQA) and the Accreditation Association for Ambulatory Healthcare, Inc. (AAAHC). Visit www.cariskpartners.com to learn more.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005047/en/

CONTACT: Brittany Tedesco

CPR Communications for Carisk

btedesco@cpronline.com

201.641.1911 x 14

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA NEW YORK

INDUSTRY KEYWORD: HEALTH MENTAL HEALTH PROFESSIONAL SERVICES FINANCE INSURANCE MANAGED CARE

SOURCE: Carisk Partners

Copyright Business Wire 2018.

PUB: 10/02/2018 09:00 AM/DISC: 10/02/2018 09:01 AM

http://www.businesswire.com/news/home/20181002005047/en

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