Tampa, FL (WorkersCompensation.com) - PMSI, one of the nation's largest providers of specialty products, services and clinical services for the workers' compensation and liability market, announced today that it is a recipient of the Industry Innovator Award from The Institute for HealthCare Consumerism. The award is given to those companies that develop innovative solutions for the health and benefits management industry. In its 7th year, The HealthCare Consumerism Superstars and Innovator Awards are presented annually by HealthCare Consumerism Solutions, the official publication of The Institute for HealthCare Consumerism and a leading publication for innovative health and benefit management.
“It is nice to be recognized for the differentiated solutions that we offer,” stated Dr. Maria Sciame, PMSI's Executive Director for Clinical Services. “Our entire team was instrumental in developing and refining our predictive modeling tools, including our Population Risk Scorecard.”
Specifically, PMSI is recognized for its Population Risk Scorecard which helps Payors identify potential high-risk cases early in the claims lifecycle. Using a data warehouse containing over 10 years of pharmacy transactions, PMSI's MedAssess™ Risk Intelligence System™ evaluates claims data to create a risk score at the population and individual claims level. This risk score is created based on PMSI's proprietary and clinical guidelines as well as national standards of practice. PMSI then works with payors to create intervention strategies as appropriate to control risk.
“Clinical insight is one of PMSI's primary differentiators in the market,” said Jay Krueger, Chief Strategy and Client Services Officer for PMSI. “It is nice when this is validated by a neutral third party, such as The Institute for HealthCare Consumerism.”