Liberty Mutual has launched a program it says brings advanced medical cost analysis to the workers' compensation market.
The Boston-based commercial and personal lines property-casualty company is working with Thomson Medstat on a program that, among other things, helps determine statistical averages for treating specific injuries in any city or state.
For example, the program can give an idea of how many office visits are needed to heal a torn rotator cuff in Denver, or what it costs to set a compound arm fracture in Pennsylvania. It can then give an estimation of how individual caregivers and facilities in the area compare to that baseline.
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