MedRisk has expanded its Expert Provider Organization (EPO) for workers’ compensation into 10 additional states.
Under the EPO model, physical therapists, occupational therapists and chiropractors agree to a unique reimbursement structure based on diagnosis and the chronicity and severity of work-related injuries.
MedRisk claims that its EPO typically delivers savings of between 30 and 40 percent below fee schedule and UCR (Usual, Customary and Reasonable charges) on physical medicine claims.
The states added include Ala., Ariz., Ark., Id., Mich., Miss., Mont., Neb., Nev. and N.H. MedRisk’s EPO is now available to employers that self-insure workers’ compensation programs, municipalities, insurance carriers, third-party administrators in a total of 36 states. These states represent more than 80 percent of all workers’ compensation premiums.
Source: MedRisk
www.medrisknet.com
Was this article valuable?
Here are more articles you may enjoy.
Trump Set to Sign AI Cybersecurity Directive as Soon as Thursday
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
Adani Enterprises Reaches $275 Million Settlement With Treasury
Iran Starts Bitcoin-Backed Ship Insurance for Hormuz Strait