TULSA, Okla. - (Business Wire) Managing risk for health plans, HMOs, self-funded employers and capitated medical groups requires comprehensive access to healthcare data to make the most informed decisions. MedRisk, LLC has contracted with Benefit Informatics to assist clients in managing risk by integrating proven data analysis and reporting solutions. MedRisk, LLC provides reinsurance brokerage services to managed care health plans, self-funded employers, physicians and hospitals. By utilizing Benefit Informatics’ online data warehouse and Data Analysis and Reporting solutions, MedRisk can offer clients a more efficient method of analyzing and reporting large claims both internally to senior management and externally to their reinsurance partners.
“By offering a more efficient analytical and reporting tool for potentially catastrophic health claims, we can help our clients become more attractive underwriting prospects and also help them recover reinsurance claims more quickly,” said Steve Couch, Managing Partner of MedRisk, LLC. “Benefit Informatics brings together a number of sources of data into one warehouse and gives us a number of tools to analyze healthcare utilization data so that we can provide our clients with the most accurate management information. With this information, we can help our clients manage their risk and secure for them the most competitive reinsurance terms available.”
In working with Benefit Informatics data integration, analysis and reporting solutions, MedRisk can also monitor healthcare activity and assist clients in better managing high cost areas by involving case management, and other cost-control measures.
“Our services are designed to give everyone involved in the healthcare benefits process early and enhanced access to information so that those bearing risk can make the most informed decisions,” said Philip Kurtz, Benefit Informatics President and CEO. “MedRisk can now utilize our solutions to help their clients better analyze healthcare costs, automate reporting and put vital information in decision makers’ hands much sooner.”
About Benefit Informatics
Benefit Informatics Inc. enables the efficient planning, management and analysis of employee benefit plans through the delivery of online proprietary applications and services to employers, insurance companies, third party administrators and brokers. Benefit Informatics currently serves more than 50 payer organizations and more than 5,500 businesses and health plans. For additional information, call 888.802.INFO (4636) or visit www.benefitinformatics.com.
About MedRisk, LLC
MedRisk, LLC provides creative, cost-effective reinsurance solutions for managed care plans and healthcare providers. Extensive knowledge, local experience, and reputation for building solid, long-term relationships help secure coverage to suit the unique insurance needs of each client. Products and services include reinsurance for risk-bearing organizations, managed care errors & omissions and directors & officers liability. For more information, contact (877) 815-5550 or email scouch@medriskllc.com.
Benefit Informatics Inc.
Chris Metcalf, 918-491-3603
cmetcalf@benefitinformatics.com
