SAN DIEGO, CA--(Marketwire - April 19, 2010) - Mitchell International, Inc., a leading provider of information, workflow and performance management solutions to the Property & Casualty and claims and Collision Repair industries, today announced that The Beacon Mutual Insurance Company, the largest workers' compensation underwriter in the state of Rhode Island, has selected SmartAdvisor™ as the company's medical bill review platform. Under the terms of the relationship, The Beacon Mutual Insurance Company will utilize Mitchell's SmartAdvisor Service Center for medical bill review services as well as Mitchell's Claims Examiner Portal, SmartBill, SmartPay and integrated utilization management technology.
Clifford Parent, Chief Operating Officer of The Beacon Mutual Insurance Company, said, "Mitchell SmartAdvisor is a proven, robust and flexible platform that The Beacon Mutual Insurance Company can rely on to be a center of excellence for medical bill review. In addition, the ability to migrate without interruption to SmartAdvisor's comprehensive medical bill review technology platform was an important consideration in our decision."
The Beacon Mutual Insurance Company chose SmartAdvisor for its market presence, stability and expertise. The Mitchell SmartAdvisor proposal proved a compelling choice: a comprehensive, flexible medical bill review platform that leverages the power of technology to automate previously manual processes combined with a proven ability to carry through a medical claims implementation that ensures data integrity and accuracy during an often lengthy and challenging migration process.
Senior Vice President and General Manager of the Mitchell International SmartAdvisor Solutions Division, Nina Smith, added, "We welcome The Beacon Mutual Insurance Company to the Mitchell SmartAdvisor family. This latest customer win adds Rhode Island to SmartAdvisor's growing list of state fund clients. By leveraging the entire SmartAdvisor platform, The Beacon Mutual Insurance Company will be able to better manage medical claims costs to ultimately reduce workers' compensation costs for its policyholders."
SmartAdvisor is a comprehensive bill review solution for workers' compensation that leads the industry in its unique combination of performance software, client services, and best-in-class partnerships. SmartAdvisor's unique capabilities include customizable workflow modeling, Capstone® business decision rules engine, SmartReports™ data analytics and reporting tools, Claims Examiner Portal for fast, secured, real-time access to bill data, and a proven technology platform that delivers on average 50-70% straight-through processing for improved efficiencies and lower costs. In addition to being a leading workers' compensation solution, SmartAdvisor provides the same capabilities and benefits to the auto and general liability markets and is ideal for servicing all bodily injury lines in a single platform. Visit www.mitchell.com/smartadvisor for more information or contact Mitchell SmartAdvisor Solutions directly at 1-800-421-6705 to schedule a demo of the SmartAdvisor bill review system. Visit us as well at Booth #337 at the RIMS 2010 Annual Conference & Exhibition being held from April 25-29 at the Boston Convention and Exhibition Center in Boston, MA.
About The Beacon Mutual Insurance Company
Beacon Mutual Insurance Company (www.beaconmutual.com) is a non-assessable mutual insurance company chartered by the State of Rhode Island and the largest writer of workers' compensation insurance in Rhode Island.
About Mitchell International, Inc.
Mitchell International (www.mitchell.com) is a leading provider of information, workflow solutions to the Property & Casualty claims and Automotive Collision Repair industries. The company's comprehensive solution portfolio streamlines the entire auto physical damage, bodily injury and workers' compensation claims processes. Mitchell enables millions of electronic transactions between more than 30,000 business partners each month to enhance partner productivity, profitability, and customer satisfaction.