According to a new ESIS whitepaper, "Why Employers Should Consider Integrated Medical Programs to Manage Workers Compensation Costs," with medical expenditures on the rise, companies have an opportunity to reduce their workers' compensation medical costs by implementing a centralized approach to claims management while ensuring optimal claims outcomes.

"Employers often retain multiple vendor partners to handle medical components of their workers' compensation program, which can present a number of challenges and inefficiencies," said Veronica Cressman, senior vice president of medical programs at ESIS. "By partnering with a third party claims administrator ('TPA') with an integrated approach to medical programs, employers can benefit from streamlined results, centralized program oversight, and gain access to coordinated data across the workers compensation process."

According to the ESIS whitepaper, through a strategic and focused medical approach, various medical program services and data often associated with a workers' compensation claim are closely integrated into single-source administration in order to provide a comprehensive view of a claim, enabling employers to make more informed decisions in a timely manner around reducing claim duration and costs.

ESIS' whitepaper also highlights a number of ways companies can further mitigate medical care costs, including:

- identifying and assessing challenges found within current processes,

- implementing cost saving strategies to ensure billing charges are accurate and appropriately associated with the correct injured employee, and

- integrating data to align multiple systems and streamline information related to the workers' compensation claim.

Learn more: White Paper.