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
Copyright Business Wire 2009