Cambridge, MA – The average total cost of a workers’ compensation claim in California remained stable since the enactment of comprehensive reforms six years ago, but results mask recent changes in key cost components, according to a recent study by the Workers Compensation Research Institute (WCRI). Medical payments per claim increased annually for the first… [Read more]
Claims, Legal, & Compliance News
Sentry Announces Enhancements to Workers’ Comp Claims Analytics Program
Stevens Point, WI – Sentry Insurance recently announced increased breadth and functionality in its workers’ compensation claims analytics program. This program aligns with the company’s longstanding dedication to effective claim resolutions while maintaining transparency and communication with their customers. By leveraging a series of predictive models, Sentry claims professionals are able to make an earlier,… [Read more]
BV Investment Partners Announces Investment in Franco Signor
Boston, MA – BV Investment Partners (“BV”), a middle-market private equity firm focused on the business services, software and IT services sectors, recently announced that it has made an investment in Franco Signor, a provider of Medicare Secondary Payer (MSP) compliance solutions to the country’s largest self-insured companies, insurers, and third party administrators. Franco Signor,… [Read more]
MI AG and Legislative Leaders to Crack Down on Worker Misclassification
Lansing, MI – Attorney General Dana Nessel and Michigan legislators today unveiled measures to crack down on companies that misclassify workers to avoid paying full wages, overtime and taxes. According to a Michigan State University study (PDF), payroll fraud robs those workers and Michigan taxpayers of hundreds of millions of dollars in lost wages, benefits… [Read more]
Safety National Webinar: Telehealth: Redefining Intake in Workers’ Compensation
St. Louis, MO – Safety National recently announced a new complimentary webinar, noting that connecting patients with quality care is the cornerstone of a proactive advocacy model, and that telehealth is redefining how that happens in workers’ compensation. In the webinar a hand-picked panel of experts will discuss how an effective intake program puts employees… [Read more]
Pinnacol Highlights Occupational Injury Trends for CO Cannabis Industry
Denver, CO – Seven years after Colorado legalized recreational cannabis and 19 years after medical cannabis legalization, Colorado’s largest workers’ compensation insurer, Pinnacol Assurance, released an analysis of the cannabis industry’s most common occupational injury trends. According to Pinnacol’s claims data, approximately 350 Coloradans working in cannabis retail, cultivation, manufacturing, clerical support and transportation were… [Read more]
Genex Introduces “Unity” Managed Care Software Platform
Wayne, PA – Genex Services recently launched its managed care platform, Unity, which aims to help relieve the intensifying burden adjusters face on a daily basis and empowers case managers with the information they need anytime, anywhere. The Unity software platform works behind the scenes to drive and streamline managed care operations. Its mobile application… [Read more]
Athens Managed Care Earns URAC Accreditation in Workers’ Compensation
Concord, CA – Athens Managed Care recently announced that it has earned URAC accreditation in Workers’ Compensation. URAC is the independent leader in promoting healthcare quality through accreditation, certification and measurement. By achieving this status, Athens Managed Care has demonstrated a comprehensive commitment to quality care, improved processes and better patient outcomes. Founded in 1976… [Read more]
Out Font Ideas Webinar: The Globalization of Risk Management
St. Louis, MO – Out Front Ideas with Kimberly and Mark has announced its next complimentary webinar, noting that as business has become increasingly globalized, subsequently, so has risk management. Most companies will be affected by the wide spread of globalization in some form. Whether employers have physical operations in various countries, or participate in… [Read more]
OK Attorney General Hunter Announces Historic Settlement with Purdue Pharma
Tulsa, OK – Attorney General Mike Hunter and Oklahoma State University leaders recently announced an historic settlement with Purdue Pharma that will establish a nearly $200 million endowment at the Oklahoma State University’s Center for Wellness and Recovery, which will go toward treating the ongoing addiction epidemic nationwide. The trial against Johnson & Johnson, Teva… [Read more]