Study results indicates only 24 percent of claims organizations are high performers, so how do the other 76 percent catch up? This short report – “How to Close the Claims Performance Gap: Top 3 Findings in 5 Years of the Workers’ Compensation Benchmarking Study” – condenses the study’s multi-year benchmarking data into the top three practices claims organizations should adopt to join their more successful peers, or risk falling further behind. >> Five minutes to read.
Rising Extends Payer Technology Hub with Enhanced Official Disability Guidelines™ Analytics | Jun 2018
Chicago, IL – June 19, 2018 – Rising Medical Solutions, a longtime MCG Health Company partner, is now rolling out MCG’s powerful Official Disability Guidelines™ (ODG) analytics directly to customer users. Rising’s latest enhancement to its client web portal, VISION™, provides users with single sign-on access to ODG’s robust claims scoring capabilities, enabling claims professionals
Predictive Analytics Making Inroads Outside of Underwriting featuring Rising’s Work Comp Benchmark Study | Work Comp Central | Apr 2018
A new A.M. Best survey demonstrates a growing number of workers’ comp insurers are fighting back against rising injury severity by using predictive analytics to lower claim and fraud costs. Rising’s 2017 Workers’ Comp Benchmarking Study was cited in support of A.M. Best’s findings, with our own survey data showing increased adoption of predictive analytics among claims organizations in the past three years.
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Rising Appoints New C-Suite Executives to Impact Customer Experience | Jan 2018
Chicago, IL – January 30, 2018 – Two members of Rising Medical Solutions’ executive leadership team have assumed new, elevated positions as the company enhances its customer experience practice. Vice President of Product Design and Development, David Huth, has been promoted to Chief Operating Officer (COO) and Senior Vice President of Sales and Marketing, Timothy
Webinar to Examine 2017 Work Comp Benchmarking Study Results | How High-Performing Claims Organizations Maximize Next Generation Technology & Talent | Jan 2018
January 17, 2018 – Chicago, IL – Experts from Rising’s fifth annual Workers’ Compensation Benchmarking Study will share 2017 results in an upcoming webinar. Entitled “Insurtech & Talent Crisis Crossroads: How successful claims operations maximize next generation technology and talent,” this free webinar will be held on Thursday, February 1, 2018, from 1 p.m. to 2 p.m. EST.
How Artificial Intelligence Might Work for Us featuring Rising’s Work Comp Benchmark Study | WorkersCompensation.com | Dec 2017
Industry journalist and consultant, Peter Rousmaniere, uses data from Rising’s Workers’ Compensation Benchmarking Study to discuss how Artificial Intelligence (AI) can help the workers’ compensation industry. In the article, he shares how AI can go beyond prediction to help payers remove errors in their claims management processes.
Read Full Article on WorkersCompensation.com (subscription required)
2017 Work Comp Benchmark Study Releases Three-Year Industry Report Card for Claims Best Practices | Dec 2017
December 4, 2017 – Chicago, IL – Now in its fifth year, the 2017 Workers’ Compensation Benchmarking Study reprises its 2014 survey questions to measure industrywide advancement in claims management these past three years. The study also continues its potent method of validating how and what higher performers are doing differently than lower performing peers to reveal a more robust profile of the successful claims organization. Findings from the just published 2017 study reflect the responses of 572 claims leaders reporting on their organizations’ operational priorities, challenges, and strategies.