Today’s issue of WorkCompRecap features the announcement from Carisk Partners that it has completed its acquisition of Advanced Claims Review Specialists (ACRS), a medical cost containment company utilizing evidence-based analysis of medical bills and records.
Carisk noted that it expects the acquisition to enhance its ability to manage the costs of billed charges related to the clinical management of workers’ compensation catastrophic cases, and that as rising healthcare costs driven by wage inflation, specialty drugs and investments in new technology force medical and hospital bills to record levels, the integration of ACRS’ hospital and medical fee negotiation program with Carisk’s surgical implant management program will greatly improve its utilization management and analytical capabilities.