Ventiv Technology

The Essential Guide to Claims Technology in a Changing Environment 18 C H A P T E R 6 : R E G U L AT O R Y C O N S I D E R AT I O N S How Ventiv Claims Helps Claim Organizations Remain Current Ventiv Claims provides claim organizations with the tools to remain current in the ever-changing WC market. Eliminating many compliance headaches through automated solutions, Ventiv Claims is reliable, cost-effective, and efficient. Dedicated Compliance Department With a dedicated compliance department, Ventiv provides unrivaled solutions to ensure claim organizations are never out of date. Continual changes to local, state, and federal regulations are maintained by Ventiv and updated in Ventiv Claims ensuring a tightly integrated compliance program. CMS Reporting Made Easy Ventiv Claims integrates functional CMS reporting into the application to enable claim organizations to deliver more accurate reports, automate specific processes, and help examiners make quick decisions. All Jurisdictional Forms are Maintained by Ventiv Ventiv maintains over 1,600 jurisdictional forms. Ventiv Claims can track statutory timelines and alert supervisors of upcoming deadlines. This significantly enhances the workflow, enabling claim adjusters to operate with efficiency in a constantly changing and fast-paced environment. Integrated Benefits Covering all US Jurisdictions Ventiv Claims provides integrated compensation benefit rates across all US jurisdictions. This significantly increases the accuracy of payouts, allowing claim organizations to maintain costs with improved efficiency. Integrated Compliance Feedback Ventiv Claims provides real-time data feedback that promotes best practices. With fully integrated compliance, missing or incorrect data can be resolved before it is sent to jurisdiction. Integrated EDI Reporting The integrated compliance reporting solutions that come with Ventiv Claims capture all mandatory data, making EDI reporting easy, efficient, and accurate. FROI and SROI reports can be created and submitted to state agencies with minimal effort and improved accuracy, delivering a more efficient and cost-effective process.

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