This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Broadspire Completes RiskTech Conversion

ATLANTA, Dec. 13, 2011 /PRNewswire/ -- Broadspire®, a Crawford Company and leading third party administrator (TPA) and medical management services provider, has successfully completed its launch of the RiskTech claims management system, converting more than 10 million claims and retiring legacy systems.

"As Broadspire celebrates our fifth anniversary as a Crawford Company, the completion of this RiskTech conversion is a milestone that perfectly represents the investment we've made as a company in advancing our technology," said Broadspire President and CEO Ken Martino.

Broadspire's legacy system was converted in 2009 and Crawford's legacy systems, ARMS and SISDAT, have been retired. Broadspire clients can now fully benefit from RiskTech, a rules-based claims management system that provides:

  • The ability to manage attachments including digital statements for easy accessibility.
  • Ease and flexibility for editing and adding codes and fields.
  • Detailed reserve worksheets that help claim professionals precisely calculate indemnity and medical expenses.
  • Easy, secure, real-time access for clients through the Dmitri Suite(SM) of RMIS services.
  • Automatic policy validations that highlight inconsistencies for further accuracy.
  • Claim and medical notes organized for improved communication between all parties.
  • A Broadspire MyClaim(SM) portal that enables injured workers to view their indemnity payments through any computer or mobile device.

RiskTech works in concert with Broadspire's e-Triage system. e-Triage determines obstacles to recovery by recording claims information as data points, which are examined using knowledge gained from 750 evidence-based psychological, clinical and socio-economic studies. Claim professionals then receive recommendations on how best to help an employee back to health and work.

" RiskTech customizes the data capture process on a per-client basis, allowing each to receive the crucial information needed to drive a claim toward the optimum outcome. By consolidating our claims into one system, we can concentrate our training, development and organizational efforts on that system. It will allow us to continue to improve our already stellar quality, consistency and outcomes," Martino said.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.54 -9.24 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs