3 solutions for reducing workers’ compensation fines and penalties April 23, 2019 By Origami Risk Greater efficiency in handling workers’ compensation claims can contribute to a reduction in claim costs and improved claim outcomes. These gains are quickly undone when errors result in penalties for the violation of state-specific workers’ compensation laws. According to the article Avoid Workers’ Comp Penalties and Other Pitfalls, two of the five most common errors … Continued
The value of benchmarking in claims management April 22, 2019 By Origami Risk An abundance of data accumulates in the claims management process. And while that data relays critical facts about each claim, that’s not the only insight it can provide. Data, no matter how seemingly unimportant, has the power to unleash valuable insight into your overall claims strategy. As the article Effective Data Discovery Can Be A … Continued
How hospitals can increase patient safety event reporting April 9, 2019 By Origami Risk Adverse safety events—some that lead to serious harm—occur every day, affecting people across entire health systems. With a full schedule of patients and life-or-death situations a part of daily life in hospitals, reporting efforts, not surprisingly, may end up taking a back seat. The ability to collect and analyze this data is crucial for preventing … Continued
3 tools to strengthen and streamline your workers’ comp program March 25, 2019 By Origami Risk Workers’ compensation programs consist of a complex web of claims, numbers, analyses, and communications that require an inordinate amount of time and focus from claims adjusters and claimants alike. And with 2.8 million nonfatal workplace injuries and illnesses reported by private industry employers in 2017 alone, according to the U.S. Bureau of Labor Statistics, this … Continued
Healthcare risk management software: One size does not fit all March 19, 2019 By Origami Risk The healthcare industry has especially high stakes when it comes to risk management. The risks aren’t simply business- or reputation-related, though those are important. The most significant ones can be a matter of life or death. Patient safety is at the heart of every hospital’s risk management program and, because of this, a generic risk … Continued
The value of branding your claims process February 25, 2019 By Origami Risk Whether you’re an organization whose business is handling claims for others or one that administers its own claims, claimants are your customers. Viewing claimants through this lens will help focus your efforts on strengthening relationships and delivering better support. You also have the opportunity to go a step further and establish your reputation as truly … Continued
5 ways healthcare risk management software increases patient safety February 19, 2019 By Origami Risk A 2016 analysis published in BMJ revealed that medical error is the third-leading cause of death in the United States. This includes process errors, planning errors, and failures to act. Martin Makary, a health policy expert at Johns Hopkins and an author of the analysis, explains that the “complex medical system” in the U.S. “sometimes … Continued
Complexity Kills: How a Single Platform Solution Simplifies Implementations February 7, 2019 By Origami Risk When insurance carriers undertake the process of upgrading critical IT systems, project timelines can drag on for years. Such a long project not only is disruptive and daunting, but also poses considerable risks. An analysis of a Gartner survey on the root cause of failed IT projects indicates, “[B]y ensuring that projects are kept small, … Continued
Finding Added Value in a RMIS: 4 Benefits of Using the System for Managing Vendors December 10, 2018 By Origami Risk Whether it’s boxes of paper forms that must be keyed into a system, pouring over spreadsheets to verify that critical requirements are met and up to date, or sending yet another email to request missing information, there’s almost always room for improvement when it comes to the management of vendor-related data and workflows. From the … Continued
The Data-Driven Risk Manager November 28, 2018 By Origami Risk This post explores the challenges and benefits of creating a data-driven culture, emphasizing the crucial role risk managers play in the transformation. It outlines key concepts for success, offers practical steps for risk managers to become more data-savvy, and highlights the importance of choosing the right technology to support data-driven decision-making across an organization. (Estimated … Continued