Mitchell Launches Enhanced DecisionPoint Medical Bill Review Solution
Latest version enables insurance carriers to more effectively manage medical costs for auto claims
SAN DIEGO, CA— SEPTEMBER 27, 2016— Mitchell International, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) insurance industry, today announced new improvements to the DecisionPoint medical bill review software for the first and third party auto casualty markets.
The latest version of the DecisionPoint solution includes new and enhanced features designed to enable insurance carriers to easily analyze their results, stay compliant and increase consistency. Users can now compare their performance to industry averages via visual reports, which help make operational changes for better medical cost containment and improved efficiency.
“As medical costs for auto claims increase, we are striving to provide insurance carriers with effective ways to overcome the associated challenges,” said Nina L. Smith-Garmon, Executive Vice President and General Manager of Mitchell's Casualty Solutions Group. “Now, with the latest version of Mitchell's DecisionPoint software, our customers are better prepared to manage costs, improve their business processes, and achieve better business outcomes.
Analytics
- New visual, interactive operational reporting capabilities and a new industry comparison report to help companies benchmark their performance against the industry.
- Additional embedded analytics capabilities and premium edits available to help improve consistency in determining appropriateness and relatedness of bill line items.
Network Capabilities
- Addition of a leading NJ provider network, further enhancing our portfolio of cost containment partners.
Payment Processing
- New Virtual Payment capability, which delivers a faster, less expensive and more secure solution that extends additional benefit to both payors and providers.
Core Bill Review Features
- Continuous fee schedule updates to support users in staying compliant.
- New capability to manage multiple exposures under a single loss which improves efficiency and compatibility with a carrier's host claim system, coming October 2016.