|By Marketwired .||
|May 20, 2014 11:00 AM EDT||
SAN DIEGO, CA -- (Marketwired) -- 05/20/14 -- Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries, today announced its national compliance advisory services offering to assist regulatory bodies with transitions to new medical reimbursement policies and guidelines. The company consulted with the Nebraska Workers' Compensation Court, to increase efficiencies and manage costs regarding their fee schedule update processes resulting from Medicare revised rates in 2014.
The state of Nebraska passes an updated workers' compensation fee schedule into law in June of every other year using updated data from Medicare and other proprietary sources.
"It isn't uncommon for states to update their fee schedules annually or quarterly to stay up-to-date on current medical procedural coding and fee schedule rule changes. It allows jurisdictions to provide current and relevant pricing for their region," said Michele Hibbert Iacobacci, Vice President of Information Management and Support at Mitchell International. "Without updated pricing fee schedules become obsolete and do not represent what is happening in the market today. Current information creates a less reactive approach to reviewing provider charges / bills in an effort to pay what is owed by payers."
To aid with this transition, Mitchell provided advisory services at a cost-savings to the state while effectively helping the Nebraska Workers' Compensation Court to navigate the complicated Medicare fee schedule changes at the beginning of 2014.
"As a company established nearly 70 years ago, we've built and retained a team of highly skilled industry experts who are active members of leading national organizations including WEDI, IAIABC, AHIMA and AIHC. Not to mention, we work diligently with customer advisory groups to assist in forming and maintaining accurate compliance programs," said Nina Smith-Garmon, Executive Vice President of Casualty Solutions at Mitchell International. "There is a growing need for assistance with fee schedule and bill review related matters in the casualty space and we have the expertise and historical data to do it. Because of this, we are actively seeking new relationships with jurisdictions where we can be a valued, trusted advisor in their compliance programs."
Mitchell is uniquely positioned to simplify, enhance and accelerate claims handling processes across the P&C industry through deep workflow solutions that include unparalleled access to data, advanced analytics and decision support tools. Our expert workflow and adjusting solutions advance the claims management process by enabling automotive physical damage, bodily injury and workers' compensation clients to process claims more accurately, consistently, and cost-effectively.
Mitchell's solutions provide an expert level of decision support and connectivity within the claims organization and with industry partners to achieve optimal outcomes. Mitchell's comprehensive solution portfolio and robust SaaS infrastructure enables tens of millions of electronic transactions to be processed each month for over 300 insurance companies, including the majority of the top 25 insurance carriers, and over 30,000 collision repair facilities. With an expanding global footprint, Mitchell products are currently utilized in the Americas, Europe and Asia. Mitchell is headquartered in San Diego, California, and has 2,000 employees. For more information, please visit www.mitchell.com.
About Nebraska Workers' Compensation Court
The Nebraska Workers' Compensation Court is composed of seven judges who are initially appointed by the governor and who then remain on the bench for successive six-year terms upon approval of the electorate. The mission of the Nebraska Workers' Compensation Court is to administer and enforce all provisions of the Nebraska Workers' Compensation Act, except those provisions that are committed to the courts of appellate jurisdiction or as otherwise provided by law.
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