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Sapiens and Rising Medical Solutions Announce Strategic Partnership & Integrated Offering

March 5, 2021 - WorkCompWire

Holon, Israel – Sapiens International Corporation, (NASDAQ and TASE: SPNS) and Rising Medical Solutions recently announced a new partnership and integrated offering that will provide carriers with the tools and intelligence to make well-informed, data-driven, equitable payment decisions as to medical care/treatment.

The joint Sapiens-Rising offering will help insurers utilize critical data in real time while providing an enhanced user experience – from a rich user interface to a seamless integration covering processes from claims transactions through medical management oversight and payment. Rising provides medical cost containment and care management services, including medical bill review, to manage the cost and quality of medical care.

“Sapiens’ commitment to providing insurers with technology-fueled, customer-centric solutions matches our own,” said Rising CEO Jason Beans. “When two foundationally aligned companies collaborate, client goals and program success can be reached far more rapidly.”

Targeting workers’ compensation and property & casualty insurance carriers, the joint offering will integrate with both Sapiens Platform for Workers’ Compensation and Sapiens CoreSuite for Property & Casualty. Combined with Rising’s proprietary technology – the industry’s only fully integrated, multi-product, multi-line, healthcare management platform – the offering will help organizations unlock the value of their claims and medical management information from transaction to reporting, providing greater insight to make more informed decisions across the enterprise.

“With our new partnership, stakeholders will have more options to address a wide range of business challenges and processes – from transaction to reporting – leveraging Sapiens’ industry-leading technology and Rising’s extensive comprehensive managed care suite,” said Roni Al-Dor, Sapiens President and CEO.

Source: Sapiens

Filed Under: Claims, Legal, & Compliance News, Industry News, Top Stories, Workers' Compensation

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