Rising Medical Solutions Publishes 11th Annual Workers’ Compensation Benchmarking Study | Oct 2024

Oct 30, 2024 – Chicago, IL – Rising Medical Solutions today announced the release of its 11th annual Workers’ Compensation Benchmarking Study Report. The newly published study builds upon a decade of research into the evolving landscape of modern claims management.

Based on a survey conducted in late 2023, the most recent Report quantifies the challenges, motivations, and experiences of more than 1,300 frontline claims professionals. These professionals, with their expertise, empathy and efficiency, have long been the cornerstone of effective claims management. Yet, despite their pivotal role in driving positive outcomes, their collective voices are rarely the subject of industry-wide analyses.

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Webinar to Examine Latest Work Comp Benchmarking Study Data, Revealing Survey Results from More Than 1,300 Frontline Claims Professionals | Jun 2024

June 26, 2024 – Chicago, IL – Experts from Rising Medical Solutions’ annual Workers’ Compensation Benchmarking Study will dissect the most recent study data in a free webinar on Wednesday, July 24, 2024, from 2 p.m. to 3 p.m. ET. The webinar, entitled “The View from the Front Lines of Claims Management,” will use the study’s latest survey results to examine how frontline claims talent views their profession and the tools transforming the industry.

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Rising Appoints Industry Veteran John Paolacci as Chief Operating Officer | Jun 2024

June 19, 2024 – Chicago, IL – Longtime managed care executive John Paolacci has joined Rising Medical Solutions (Rising) as the firm’s Chief Operating Officer. In this role, John will be responsible for continuous product optimization through customer delivery for all of Rising’s medical cost containment and medical care management services. Additionally, John will oversee the company’s Medicare compliance solutions, including its Section 111 reporting, a service line poised for growth given the Centers for Medicare and Medicaid Services impending changes to Medicare Set Aside reporting requirements.

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Medicare Set-Aside Reporting Rule Signals Major Change for Comp featuring Rising CEO Jason Beans | Business Insurance | Jun 2024

June 5, 2024 – Employers, insurers and claimants should start planning for changes to how Medicare’s liabilities are accounted for in workers compensation settlements, experts say.

The changes, which will remove the reporting threshold in settlements that include Medicare set-asides and define penalty amounts, could increase the likelihood of significant fines for noncompliance and prolong settlement negotiations, they say.

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Rising Receives Milwaukee, Chicago, and National “Top Workplaces” Awards | May 2024

May 21, 2024 – Milwaukee, WI – Adding to its 2023 Top Workplaces award for the healthcare industry, Rising Medical Solutions (Rising) today announced it has been named a 2024 Top Workplaces winner by the Milwaukee Journal Sentinel which bestowed this title on 169 firms out of the 2,890 eligible in the region. With offices in multiple markets, this is the second regional Top Workplaces award Rising has won in the past six months, having been recently recognized as a premier workplace by the Chicago Tribune. Earlier this year, USA Today also named Rising a 2024 Top Workplaces USA winner, a national award that spans across all industries.

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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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