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Cost Savings Analysis
Analytics-Informed Medical Management
Measuring managed care cost savings has long been a challenge in Workers' Compensation. However, MedMetrics uses predictive analytics to determine the probable ultimate medical costs for its Medical Loss Reserve Manager based on the organization's historic performance. At claim closure, MedMetrics calculates the difference between predicted costs and actual costs. A report is automatically sent.

Analytics-Informed Medical Management-elegantly simple, yet powerful!

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