Expansion Presents Opportunity to Improve Claim Settlements for All Parties
CONCORD, CA – July 13, 2010 – Paradigm Management Services will now offer its leading catastrophic care management services to the general liability marketplace. Carriers, reinsurance companies and self-insured employers may begin referring catastrophic and complex cases today. Paradigm’s services are available in both risk and fee-based options.
Catastrophic liability claims often result in protracted settlement periods that can place the health of the injured person at risk. Due to the length of time between injury and settlement, many patients fail to get the early care they need and do not reach their full recovery potential. Paradigm counters this risk by placing the focus on the interests of the injured person and progressing toward the best medical outcome achievement—a goal shared by the payor, provider, patient and attorney.
“Offering Paradigm’s best-in-class services demonstrates that the party responsible for the injury is doing the right thing, at the right time, for the right reasons,” said Paradigm President Kevin Fleming. “By focusing solely on guaranteed recovery targets, we deliver leading medical outcomes, decrease the likelihood of future expensive treatments, and generate goodwill by supporting the patient and their family. These benefits have the cumulative effect of playing a real part in settling cases more quickly.”
For nearly 20 years, Paradigm has served as a medical hub connecting injured people to medical experts, high quality providers and a clinical support infrastructure. Ensuring the highest level of care for those most in need leads to better medical outcomes, and ultimately translates into substantial savings for clients. A recent study performed by the actuarial and consulting firm, Milliman, Inc., confirms Paradigm delivers 5x better medical outcomes on catastrophic workers’ compensation cases than the industry average. The medical component of these cases is similar to general liability.
“Not only does involving Paradigm allow clients to make a down payment on a new beginning for those who have experienced a catastrophic injury,” said Fleming, “but it benefits the business by fixing acute medical costs through a contracted rate and eliminating volatility.”
About Paradigm Management Services, LLC
Paradigm Management Services provides acute and ongoing catastrophic and complex case management services for traumatic brain injuries, spinal cord injuries, amputations, burns, wounds and chronic pain. As the nation’s leading provider of complex and catastrophic medical management in the workers’ compensation industry, Paradigm achieves 5x better medical outcomes and lowers total costs by 36%. Paradigm accomplishes this by bringing together nationally recognized doctors and specialists, the best network of care facilities in the country, and nearly 20 years of clinical data to guide decisions. Case In Point Magazine recently presented Paradigm with the organization’s highest honor, a 2010 Case In Point Platinum Award for the nation’s best Workers’ Compensation Case Management Program. For more information, visit www.paradigmcorp.com.