MedRisk Develops Data Analytics Division

MedRisk Inc., a provider of specialty managed care services to the workers’ compensation industry, announced the creation of its Risk Information and Business Intelligence (RIBI) unit. MedRisk says RIBI’s first order of business is to roll out a new reporting platform featuring state-of-the-art graphics and outcomes analytics.

MedRisk’s RIBI system is designed to deliver real-time data and presentation-ready graphics, so clients can quickly and easily communicate results to their stakeholders. The interactive system is completely secure and enables reports to be accessed 24/7 on just about any device, including mobile phones, other hand-held devices, e-readers and computers, the company says.

“MedRisk has always been data-driven and research oriented,” says CEO Shelley Boyce. “We’ve been collecting and analyzing information on physical medicine comp claims for more than 15 years in order to develop and enhance treatment guidelines and cost control strategies. With the addition of RIBI, we’re establishing transparency of process and results to deliver outcomes data directly to our clients via the Web.”

The new platform also is intended to allow for seamless integration of payer data to develop a full picture of the treatment episode from injury through return-to-work.

“With this new service, work comp payers can analyze their physical medicine outcomes, apply predictive modeling to identify new opportunities and trend results,” Boyce adds.

 

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Analytics Core systems Data and information management
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