In the complex world of workers’ compensation, both payers and providers seek the balance of compensation integrity…the precise point where what is rightfully due meets what is actually paid. Both parties seek accuracy of payment, but complex fee schedules and state jurisdictional issues make it difficult to understand exactly where that point lies. The consequences for mispayment can be costly and the dollars lost due to overpayments can be significant.

Parity™ is a workers’ compensation revenue solutions company that helps mid- to large-size P & C insurers, self-insured employers, and self-insured groups identify and recapture errant made to healthcare providers. The company achieves integrity between work comp payers and Providers by ensuring accuracy in the payment process. Parity deploys its proprietary software, Integris™, to calculate the payment required based on applicable fee schedules, jurisdiction, contracts, etc., and identifies claims which were overpaid. In addition, we provide analytics necessary to assess internal controls and optimize processes.

 

Comments are closed.