FINEOS Corporation, a provider of claims management software solutions, announced that it has enhanced its FINEOS Claims for Workers' Compensation solution. The new version offers additional capabilities and functionality around Medicare and FROI/SROI reporting; real-time operational and financial reports and medical bill review.
FINEOS is a global provider of workers' compensation claims systems. Last year it launched its solution for the U.S. market to address multi-state compliance and reporting requirements.
The solution offers insurance carriers, TPA's, self-insureds, state funds and other government entities complete claims lifecycle management including intake, payments, reserves, provider management, and other claims processes. The U.S. solution has been designed to address issues such as compliance, fraud detection, and medical management. It can also integrate with databases to help organizations evaluate claims status against accepted the claims handling and recovery timelines.
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