What is EDI and Why is It Important for Workers’ Compensation Solutions?
Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners. Instead of the traditional paper-based exchange of business documents, benefits of EDI include reduced cost, reduced resources being used, faster processing, reduced errors, and overall better relationships with business partners. According to the Health Insurance Portability and Accountability […]
Choosing the Right Workers’ Compensation Third Party Administrator
Managing workers’ compensation claims is a complicated process and getting even more complex because of numerous federal and state requirements that are specific to each employer, changing workers’ compensation laws, and rising costs of medicines and medical fees. Choosing a workers’ comp Third Party Administrator or TPA helps companies with administering workers’ compensation claims and […]
What Is Medical Scheduling For Workers’ Compensation?
First of all, what is Workers’ Compensation? Workers’ Compensation is a form of insurance that covers all medical and rehabilitation costs, and even lost wages for employees who got injured at work. Workers’ Compensation is mandated by law and required in all states. However, filing all the documents and claims requirements takes up a lot […]
What Is Functional Capacity Evaluation or FCE?
The American Occupational Therapy Association defines Functional Capacity Evaluation (FCE) as a means of evaluating an individual’s capacity to perform work activities related to their employment. The process of FCE involves comparing a person’s state of health and body function capabilities to the demands of the job. The Functional Capacity Test for Workers Compensation is administered in […]