New York, NY -(Businesswire)- FAIR Health and the Commonwealth of Kentucky Department of Workers’ Claims (DWC) recently announced that FAIR Health has been selected to help amend the fee schedule used for Kentucky physicians in that state’s workers’ compensation program. The selection of FAIR Health through a competitive bidding process demonstrates the Commonwealth of Kentucky’s commitment to maintaining a fair, current and reasonable fee schedule. The schedule is widely used for regulating workers’ compensation medical payments.
FAIR Health, a not-for-profit with the most comprehensive database of healthcare charge data in the nation, will work with the Kentucky DWC to assess and develop an updated medical fee schedule for the Commonwealth of Kentucky. FAIR Health’s expert staff will be responsible for the review of the Commonwealth’s current fee schedule and analysis around the current fee schedule for physicians’ billed charges and insurers’ allowed amounts in the same geographic region. Because FAIR Health’s data products organize physician billed charges by percentile, fee levels can be calibrated based upon the needs of the Commonwealth and the stakeholders involved in its workers’ compensation program.
Robin Gelburd, President of FAIR Health, stated, “FAIR Health applauds the efforts of the Commonwealth of Kentucky in its Workers’ Compensation program to create a fair, current, reasonable and transparent fee schedule. We are grateful for the opportunity to apply our robust, unbiased charge data to the reform of this program in a way that creates a ‘win-win’ for all of the diverse groups involved with the system.”
“We are delighted to have FAIR Health as a partner as we undertake the important task of updating our physician fee schedule,” said Lucretia Reasons Johnson, Division Director of the Kentucky Department of Workers’ Claims. “We believe that FAIR Health’s independent and reliable data on healthcare charges and their experience working with other states in the workers’ compensation arena will help to ensure that Kentucky has a workers’ compensation program that is fair and transparent for the citizens who need it and the professionals who interact with it.”
FAIR Health’s charge data are used as a foundation for many of the various programs that comprise the nation’s workers’ compensation system. The FAIR Health data also serve as a primary source for private companies that process workers’ compensation claims in the absence of a state fee schedule.
Source: BusinessWire