News Column

JET Recovery Services, Inc. Partners with Acrometis to Control Medical Device Costs

August 13, 2014



MALVERN, Pa.--(BUSINESS WIRE)-- JET Recovery Services, Inc., a top provider of specialty cost containment claims review services to workers’ comp payers, has joined Acrometis’ Alliance Partner Program.

JET identifies excessive hospital charges by using implant acquisition cost data, rather than provider invoices, to identify unsupported charges and reduce spending. Using direct pricing and utilization data, they create tools that validate charges for products and procedures, currently tracking over 39,500 types of implants. Together with CLAIMExpert, their solutions can be implemented without disrupting your claims process.

“JET Recovery Services fits in perfectly with the Acrometis network and the overall Acrometis mission. We both strive to reduce spending for our customers and together we hope to maximize cost savings to CLAIMExpert users,” said Acrometis president and CEO, Jerry Poole.

As the expert in automated workers’ comp claims processing platforms, Acrometis simplifies connections to their network partners through CLAIMExpert’s SaaS based solutions. This partnership will reduce error and eliminate unnecessary payments to better control implant management.

“We are a specialized solution with a unique area of expertise and our system is built to provide information before claims are paid out, preventing the 'pay and chase' model for our clients,” said JET CEO John Thompson. “The integrated partnership with Acrometis will enable us to deliver the best possible service to more clients.”

About JET Recovery Services:

JET Recovery Services provides a forensic analysis of device implants within the insurance claim to Self-Funded Employer Groups, Third Party Administrators, Workers' Compensation Payers, Re-Insurance/MGUs and Commercial Health Plans. JET specializes in providing consultative services, tools, and support services to help you get control of implant spending. Our services complement other Vendors' standard cost containment programs which allows us to contract with them directly. We provide both pre- and post-pay services resulting in significant savings.

About Acrometis:

Acrometis offers the most complete and automated claims processing platform designed specifically to reduce the cost of risk for the workers’ compensation industry. Acrometis’ expert, rules-based family of claims processing platforms allows for meaningful improvements to the claims processing environment that in turn lead to maximized cost savings, efficiency, and productivity gains over the lifecycle of a claim. For more information, please visit www.acrometis.com, its blog (http://wcinsights.com/) or call 855.282.1476.




Acrometis

Kelia Scott, 855-282-1476

kelia.scott@acrometis.com

Source: Acrometis


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Source: Business Wire


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