Many insurers lack the resources and clinical/legal expertise to objectively analyze necessary medical treatments and obtain critical patient information. This can result in setting aside more funds than necessary, increasing long-term costs. Verisk can help you develop strategies to effectively reduce Medicare Set-Aside amounts. Our team of clinical and legal experts can guide you in obtaining the proper documentation for CMS approval and gather medical records, allowing your adjusters to focus on settling claims faster.
We meticulously apply our industry-leading clinical and legal experience to each MSA assignment, helping you take a proactive and aggressive approach to treatment assessments.
Our team reviews and identifies cost drivers to recommend cost reduction strategies for every MSA service.
Get missing medical records and clarified surgery recommendations to cut allocation. Our team proactively secures critical information needed for MSA reduction and CMS approval.
Obtaining updated medical records or clarifications from the claimant’s treating physician can play an integral role in reducing MSAs. Verisk takes this time-consuming task off the adjuster’s desk and gathers the necessary information to reduce MSA amounts at minimal cost.
Our team will contact treating providers on your behalf to obtain records, which our nurse specialists then review and analyze to provide your adjuster with a detailed analysis and action plan. Get the information you need for lower allocations and faster settlements.
Our cost mitigation team contacts the claimant’s medical provider(s) to obtain or clarify treatment information, recommended or referenced treatment options, and a more accurate view of the current treatment plan to uncover known MSA cost drivers.
Our Provider Outreach Service is a part of our full suite of claims solutions that provide compliance, reporting, and decision support tools and services.
Improve your Medicare compliance for future medical allocations while managing expenses with an advocacy-driven approach.
Maximize your one chance at obtaining an Amended Review from CMS—and gain savings for eligible claims.
Expedite record review with fast, accurate extraction of key medical information from unstructured documents. AI automation tools deliver accurate, impartial reviews of every file, helping you settle more claims while conserving time and resources.
Reduce risk and achieve full MSP compliance by streamlining payment process.
Proactively handle compliance and ensure error-free submissions to CMS with advanced analytical and smart reporting capabilities.
Streamline workers' comp data reporting and improve compliance with advanced analytics.