Advanced Consulting's unique service, referred to as RM4 Claims Management is a very broad, exclusive and cost effective method that is designed to reduce your Workers' Compensation cost. By using this approach, as well as a highly exceptional staff who are trained to carryout this service, we have provided our clients with substantial savings in their Workers' Compensation cost.
This product is offered to our clients as a packaged service that will include all administrative aspects of claims management including the use of our custom-made claims management database. Advanced Consulting has developed and refined this service into a comprehensive formula for a more cost effective and efficient management of Workers' Compensation claims.
Most of our clients outsource their Workers' Compensation management to us in order to gain more control over the outcome of their business. The important aspect of outsourcing to us includes implementation of ideas by our experts and the ability to ultimately control your budget. Our RM4 Claims Management method puts the control back in your hands by maximizing efficiency, and reducing administrative costs.
Our RM4 Claims Management method consists of a proven 5-step approach designed to be tailor-made to your specific company and requirements.
The following is the 5-step process:
- Reporting & Investigation
- Managing the Carrier's Process
- Monitoring Reserves
- Managing Settlements and Closure
- Measuring your progress
By Outsourcing your claims management services to us, not only will you improve your risk management results, but also you will have the ability to concentrate on the core functions of your company. You will expedite setting up the tools needed for management of your Workers' Compensation claims. Our consultants are able to setup this processes within your company and will train your staff in implementing your company's best practices to manage your claims in the most efficient manner.
Contact us to find out how our program can assist your company in reducing and managing your Workers' Compensation cost.
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