Cost Rises Linked to Health Care Consolidation featuring Rising CEO Jason Beans | Business Insurance | Feb 2024

February 5, 2024 – The acquisition of physician practices by large hospital systems is having an adverse effect on states’ workers compensation systems, experts say.

While proponents of so-called “vertical integration” in health care say the practice benefits consumers by delivering care more efficiently, workers comp researchers say consolidation drives up pricing due to decreased competition and can have a negative effect on return-to-work outcomes. And the efficiency argument, they say, relates to administrative efficiency, not patient care efficiency.

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Rising Achieves HITRUST Risk-based, 2-year (r2) Certification Demonstrating the Highest Level of Information Protection Assurance | Jan 2024

January 17, 2024 – Chicago, IL – Rising Medical Solutions (Rising), a national managed care firm, announced today that its VISIONTM enterprise platform, along with its cloud-based data center solution, have earned HITRUST certification for information security.

Rising’s proprietary VISIONTM healthcare management platform streamlines claims administration and provides a fully integrated, multi-product, multi-line, medical management portal for its payer customers. The HITRUST Risk-based, 2-year (r2) Certified status demonstrates that Rising’s VISIONTM software, and its underlying data center security controls, meet demanding regulatory compliance and industry-defined requirements to manage risk. This achievement places Rising in an elite group of organizations worldwide that have earned this distinction.

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Workers’ Compensation Benchmarking Study’s 2023 Survey Underway, Polling Frontline Claims Professionals for First Time Since COVID | Nov 2023

November 15, 2023 – Chicago, IL – The Workers’ Compensation Benchmarking Study’s annual survey is now open. For the second time in its 11-year history—and for the first time since COVID—the 2023 study will survey frontline claims professionals (instead of claims executives) to ascertain alignment between industry leadership and staff who directly handle workers’ compensation claims. As the industry’s largest talent constituency, with the greatest influence on financial and injured worker outcomes, visibility into their views will highlight advancement opportunities for the entire industry.

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Technology Aids Workers’ Comp Claims Advocacy featuring Rising's Work Comp Benchmark Study & Rising CEO Jason Beans | Business Insurance | Nov 2023

November 1, 2023 – Implementing advanced technology and frontline patient advocacy are neck and neck among the fastest-growing trends in workers compensation claims management, but the best results for patients often come from balancing the two, experts say.

Improved access to data and more efficient communication should not be allowed to sterilize the claims management process, they say.

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PART 1 — A Decade of Data: 4 Key Takeaways from the Work Comp Benchmarking Study by Rising CXO Rachel Fikes | WorkCompWire | Oct 2023

October 31, 2023 – Over the past decade, claims departments have faced enormous challenges and opportunities, including changing workplace dynamics stemming from the global pandemic, employee turnover and labor shortages, an accelerated focus on digital transformation, escalating claims severity, and greater social accountability for the treatment of injured workers. Yet, looking back, it may seem that “everything and nothing has changed.” Somewhere in between is reality.

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A Decade in Review: Rising Medical Solutions’ Latest Benchmarking Study Highlights the Evolution of Workers’ Comp featuring Rising's Work Comp Benchmark Study | Risk & Insurance | Oct 2023

October 26, 2023 – A lot has changed in the past 10 years. We survived a pandemic. More and more states have legalized marijuana for either medical or recreational consumption. Smartphones have gone from being a luxury to a commonplace technology.

With so much changing, it’s natural for workers’ compensation to take a step back and ask: How has our industry evolved over the last decade? The Rising Workers’ Compensation Benchmarking Study tries to answer that question.

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