SAN DIEGO, CA--(Marketwired - May 21, 2013) - Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries, today announced the commercial release of Decision Point® 7.4, a completely automated medical bill review and workflow solution for first and third-party liability adjusters. Developed and delivered using Agile Development principles, the latest release boasts significant improvements to fraud and utilization management, as well as state-specific compliance updates.
"As state-specific regulations in the auto casualty industry continue to rapidly evolve, remaining compliant is an increasingly difficult task for insurance companies," said Vidya Dinamani, Vice President of Product Management and Marketing. "It is critical carriers empower adjusters with technology to streamline and automate injury and liability claims handling. Without this technology, the claims management process is often cumbersome, inefficient and prone to errors."
Decision Point 7.4 is an end-to-end medical bill review platform enabling adjusters in the auto casualty industry to make informed decisions around medical bills related to liability claims. Key updates to the product include:
- Claimant Dashboard - dashboard equips adjusters with a visually appealing, claim-level view of provided medical care, enabling the proactive management of utilization and identification of potential fraud.
- Explanation of Benefits (EOB) - redesigned EOB for ease-of-use by leveraging industry best practices while continuing to be compliant with all state regulations.
- Claimant Treatment Guide (CTG) - CTG automates medical treatment guidelines for the pre-certification process in New Jersey, allowing adjusters to quickly view the impact of a claimant's pre-cert on a bill.
- Network Tiering Workflow - The introduction of configurable rules for selecting and routing bills through network tiering, with an emphasis on facilitating automatic Out-Of-Network processing so that adjusters have more options for extending benefits for their policyholders.
"Mitchell's agile methodology for software development allows the company to quickly bring new products to market to meet and exceed client needs. The benefits of practicing these development principles are evident in Decision Point 7.4," said Vidya Dinamani. "In this development cycle for example, Mitchell has introduced a new innovation through Claimant Dashboard. This new feature provides customers with unparalleled visibility into claimant medical care, to enable proactive management of claims. At the same time, new state-specific product enhancements ensure customers remain compliant as regulations evolve."
For more information on Decision Point, please visit Mitchell Auto Casualty Solutions or contact 800-424-1132 to schedule a demo.
About Mitchell
Mitchell empowers clients to achieve measurably better outcomes. Providing unparalleled breadth of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries, Mitchell is uniquely able to simplify and accelerate the claims management and collision repair processes.
As a leading provider of Property & Casualty claims technology solutions, Mitchell processes over 50 million transactions annually for over 300 insurance companies/claims payers and over 30,000 collision repair facilities throughout North America. Founded in 1946, Mitchell is headquartered in San Diego, California, and has 1,700 employees. The company is privately owned primarily by the Aurora Capital Group, a Los Angeles-based investment group. For more information about Mitchell, visit www.mitchell.com.
About Auto Casualty Solutions
The Mitchell Auto Casualty Solutions division provides integrated, automated solutions that simplify and streamline injury and liability claims handling. Combining auto casualty expertise with claims review technology, Mitchell's ACS division supports clients at every stage of the auto casualty claims process. With over 20 years' experience helping customers simplify and optimize their injury and liability claims handling, Mitchell's ACS division ensures its clients are always one step ahead of the ever-changing auto casualty industry. For more information, visit: http://www.mitchell.com/claims-management-software/medical-claims-processing/medical-claims-billing-software.asp Mitchell ACS also provides industry insight each quarter with the Industry Trends Report. Read the latest issue here: http://www.mitchell.com/industry-trends-report/acs-industry-trends.asp