Contact Information: Contact: Dave Torrence Senior Vice President Mitchell International 800-854-7030
Mitchell International Showcases MedNeutral's Latest Development: The First Integrated Medical Billing and Medical Records Review Solution
| Source: Mitchell International
SAN DIEGO, CA and LA JOLLA, CA--(Marketwire - April 14, 2009) - On March 9th-11th, Mitchell
International, the property and casualty industry's leading provider of
medical bill review solutions, hosted its 7th annual Industry Conference in
Las Vegas, NV. At this year's invitation-only event, Mitchell
International showcased MedNeutral, LLC and their new concept for a joint
solution that will combine medical bill review and medical records review
for the insurance industry. Within this new solution design, information
from both medical bills and records can be easily accessed through an
integrated solution, and leveraged to optimize injury claim outcomes and
efficiency.
Speaking at the Conference, Dave Torrence, senior vice president and
general manager of Mitchell International's auto casualty solutions
division, said, "Our customers have been telling us for some time that the
Mitchell suite of casualty solutions would be enhanced if adjusters had a
way to know which claims warranted a review of medical records and had a
way to take the critical data from the medical records to make the bill
review process more effective and efficient. Our design for a joint
Mitchell International-MedNeutral solution will do just that."
MedNeutral's Medical Records Optimization™ (MRO) solution provides a
structured process and platform for adjusters to store, assemble, analyze,
and share electronic medical data. The searchable medical records abstract
enables adjusters to identify and assess key value drivers such as missing
records, causation, treatment progress or changes (e.g., diagnosis,
treatment). Larry Shea, CEO of MedNeutral, adds, "With this knowledge at
their fingertips, adjusters can more accurately and efficiently
investigate, evaluate and negotiate claims. Additionally, MRO serves as a
single repository of medical records to support numerous medical record
review workflows."
As a recognized leader in bill review technology and the application of
data analytics within the claims process, Mitchell saw an opportunity to
improve the claim adjudication process and extend analysis beyond bills to
improved management of the critical information in the treatment records.
This additional source of information broadens the scope of decision
support, enabling improved accuracy and efficiency in the adjudication of
injury claims, specifically related to reasonable, necessary and related
charges.
Under the proposed product design, existing Mitchell International
customers will find the implementation of MedNeutral's MRO solution
effortless as it's designed to leverage existing Decision Point®
technical integrations and access medical bills and records through an
integrated platform. New customers will enjoy the single implementation
with a pre-integrated suite of applications and data models.
The Mitchell-MedNeutral joint solution is being designed to allow access to
critical and related data, turning what was once a disjointed process into
a seamless, simple and perhaps the most efficient way to review and settle
medical claims to date. More information on the joint solution is available
from Mitchell International and MedNeutral.
About Mitchell International (www.mitchell.com)
Mitchell International, Inc. (www.mitchell.com) provides the Insurance P&C
market with a variety of technology, database and service solutions with
one goal in mind -- enable our clients to process their automotive and
workers compensation medical claims in a timely, accurate and fair manner.
Mitchell International has a 20 year track record of delivering
high-quality products and services to auto insurance carriers, service
providers and TPAs, allowing them to audit and evaluate first and
third-party provider and hospital bills. Mitchell International currently
serves many of the top automobile and workers compensation P&C companies
and is a leading provider of information, workflow, and performance
management solutions to the automotive insurance claims industry, also
serving carriers, collision repair facilities, and other commercial
participants in the physical damage and automobile and workers compensation
related medical claims markets.
About MedNeutral (www.medneutral.com)
Founded on the insight that valuable medical information is frequently
underutilized in the adjudication of injury claims, MedNeutral developed
Medical Records Optimization (MRO™), the first ever solution designed to
convert unstructured data found in paper or imaged medical documents into
structured, readily accessible information. Now claims professionals can
quickly process and understand medical context, leading to more efficient
and accurate claims decisions.
MedNeutral is a Brahma Holdings' company. Brahma provides transformational
solutions to the insurance industry. Brahma and its portfolio companies
are headquartered in La Jolla, California.