SAN DIEGO, CA--(Marketwired - Jul 24, 2013) - Mitchell International's Workers' Compensation Solutions division has released a new version of its bill review and repricing solutions suite, providing P&C insurance customers with the comprehensive cost containment, compliance and business intelligence capabilities they need to advance the claims management process.
SmartAdvisor 6.0 introduces Premier Medical Reporting (PMR), a feature that streamlines state compliance management and reporting. The suite's new Embedded Analytics provide additional intelligence to better inform workflows and help improve outcomes. Mitchell SmartAdvisor also boasts an updated Utilization Review Decision Manager (URDM) to help customers increase savings, identify compliance issues and expedite decision-making for bills requiring exception handling.
"Containing costs, streamlining the medical bill review process and ensuring compliance are imperative for Mitchell's customers, with the increasing price of medical procedures and constantly-shifting state-specific regulations," said Nina Smith-Garmon, Executive Vice President and General Manager of the Mitchell Workers' Compensation Solutions Division. "The enhancements Mitchell has made to the latest version of SmartAdvisor specifically address the unique challenges facing our customers, and the benefits our solutions suite offers are providing them with competitive advantages in the industry."
Key SmartAdvisor 6.0 features and enhancements include:
- Premier Medical Reporting (PMR) - the state compliance management and reporting solution that is designed to reduce the complexity, and cumbersome nature of complying with numerous state government regulatory requirements.
- Embedded Analytics - allows the integration of analytics into SmartAdvisor, utilizing relationships in the claim file to identify bills that have inconsistencies and routes them in accordance with existing workflows.
- Utilization Review Decision Manager (URDM) Release 3: This automated and configurable tool can now produce significant improvement in bill processing efficiency and a measureable savings in charges.
Additionally, SmartAdvisor 6.0 offers a plethora of other new features, enhancements, and user interface improvements.
The SmartAdvisor comprehensive bill review solution for workers' compensation contains a unique combination of performance software, client services and best-in-class cost containment offerings. Its distinctive capabilities include customizable workflow modeling; a robust business decision rules engine; data analytics and reporting tools; the Claims Examiner Portal for fast, secured, real-time access to bill data; and a proven technology platform that delivers on average 50-70 percent straight-through processing for improved efficiencies and lower costs. Visit http://www.mitchell.com/smartadvisor for more information or contact 1-800-421-6705 to schedule a demo of the SmartAdvisor bill review system.
About Mitchell Mitchell International empowers clients to achieve measurably better outcomes. Providing unparalleled breadth of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries, Mitchell is uniquely able to simplify and accelerate the claims management and collision repair processes.
As a leading provider of Property & Casualty claims technology solutions, Mitchell processes over 50 million transactions annually for over 300 insurance companies/claims payers and over 30,000 collision repair facilities throughout North America. Founded in 1946, Mitchell is headquartered in San Diego, California, and has 1,700 employees. The company is privately owned, primarily by the Aurora Capital Group, a Los Angeles‐based investment group. For more information about Mitchell, visit www.mitchell.com .
About Mitchell Workers' Compensation Solutions Division Mitchell Workers' Compensation Solutions (WCS), a division of Mitchell International, is a leading provider of workers' compensation cost containment technologies and services. Insurance payers and other clients rely on Mitchell WCS's best‐of‐breed medical bill review platform, the SmartAdvisor Software Suite, to improve their medical cost savings results. For more information, please visit www.mitchell.com/workerscomp .
