Return-to-Work Duration Guidelines With Predictive Modeling Enable Better Absence Management Outcomes and Cost Savings

Portland, ME, September, 23rd, 2010

ClaimVantage, a global specialist in life & health insurance and absence claims systems, announced today that its cloud computing disability claims system is now available with Reed Group’s MDGuidelines return-to-work reference toolset.

With more than 1300 medical topics, Reed Group’s MDGuidelines is the leading return-to-work (RTW) reference toolset. MDGuidelines includes evidence-based, physician-reviewed RTW duration guidelines, a powerful predictive modeling tool that enables case managers to tailor guidelines to individual employees, medical monographs suitable for educating employees, and occupational treatment guidelines by ACOEM (American College of Occupational and Environmental Medicine).

A key product feature of MDGuidelines is the toolset’s two types of RTW durations: idealized durations (the actual time it takes for the injury or illness to heal) and real-world durations based on millions of cases. Comparing both types of durations allows case managers to identify psychosocial factors that extend recovery times and apply additional resources as needed to help employees return to their normal productive endeavors.

MDGuidelines can be embedded in the ClaimVantage for seamless, easy-to-use claims and case management workflow.

“Reed Group is the de facto standard for return-to-work guidelines, and the new MDGuidelines predictive model is the best available anywhere,” says ClaimVantage CEO Leo Corcoran. “This allows our customers to add an additional best practice to claims management by enhancing the ability of claims adjusters to manage for best outcomes.”

“ClaimVantage is an excellent product, and we’re pleased to partner with them,” says Reed Group President, Guidelines, Jon Seymour, M.D. “MDGuidelines embedded in ClaimVantage creates a powerful decision-support toolset for benchmarking and improving outcomes for employee absence and return-to-work claims.”

ClaimVantage already has customers using the embedded MDGuidelines and is now implementing the MDGuidelines predictive modeling tool.

The ClaimVantage Absence Management system is designed to help companies manage the complexities of complying with Federal and state FMLA regulations. The system uses software-as-a-service (SaaS) technology to allow employers and their representatives to step through absence intake, eligibility and determination processes with easy-to-use wizards to adjudicate employee absence. Absence accumulators are managed and updated automatically by the system for accurate tracking and processing.

Claim Vantage Disability Claim software supports the full life cycle of claim management, including intake, assignment, eligibility, case management, workflow, tasks, payments and operational reports. Using SaaS technology, it is claim analyst-centric to drive accurate and timely claim decisions.

About ClaimVantage

ClaimVantage is a leading global specialist in life and health insurance claims systems. ClaimVantage brings expertise, experience and a proven solution that enables companies to better manage claim intake, adjudication and payment processing. More information at www.claimvantage.com.

About Reed Group

Reed Group® is the world’s most trusted source of return-to-work information, helping companies improve employee absence outcomes. Reed Group’s data, tools, customized solutions, and case management services help reduce absence incidence and duration, and get employees back to normal, healthy lives and full productivity. Reed Group is headquartered in Westminster, Colorado. More information at www.reedgroup.com and www.mdguidelines.com

Company and Media Contacts

(ClaimVantage) Leo Corcoran leocorcoran@claimvantage.com 207.781.3178
(Reed Group) Tamara Greenleaf tamara@gotogreenleaf.com 303.565.6161

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