wcPrism customers will still send all data from their policy administration, claims processing, and injury processing reporting systems throughout the year to wcPrism using its transactional data reporting format. But now, wcPrism will send the financial data through a feed to the Pragmatix Financial Call Reporter application, which will aggregate and reconcile carriers' data before submission.
The Pragmatix Web interface application, which is already used by 40 percent of data collection organizations, creates a direct link between wcPrism customers and the DCOs.
"We chose to work with Pragmatix because of their solid reputation for providing innovative, best-of-breed applications for workers' comp data reporting and their experience in developing those applications for state data collection organizations," said Michael D'Amico, assistant vice president, ISO's workers compensation information services. "The Pragmatix FCR application is a perfect complement to our wcPrism suite of data reporting services."
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