Workers' Compensation

Business Process Management

Many insurers are pondering a revealing question: which came first – business processes or the technology that enables them? What we find in virtually all companies across all industries is that many processes are designed to fit the systems they have, not vice versa.

Doesn't it make more sense to stop asking what do I need to integrate or what do I need to build, and begin answering what do I want to achieve? This is the promise of true business process management: removing the technical barriers to achieving continual success.

PTE Financial Solutions

What is PTE Financial?
PTE Financial solutions are insurance-specific applications designed to handle the unique cash, statutory, and GAAP reporting requirements of insurance financial accounting. They are particularly attractive to start-up and small to mid-size insurers because they can be installed quickly and are easy to maintain.

What does PTE Financial do?

WCMS

What is WCMS?
The Workers Compensation Management System (WCMS) automates accounting, policy administration, and claims management for Workers Compensation policies offered by carriers, MGAs, self-insurance funds, and TPAs.

What does WCMS do?
Manage information from a single screen. The modular structure makes training easier and intuitive workflow increases productivity.

Features

  • System setup and maintenance
  • Agent/broker processing
  • Policy administration and maintenance
  • Accounting processing

StoneRiver - Pharmacy Solutions Programs

Fast – Easy ---Your Complete Workers’ Compensation Pharmacy Solution

At StoneRiver Pharmacy Solutions we understand that a pharmacist's primary goal is to improve a patient’s quality of life by designing, implementing and monitoring drug therapy, devices and services to achieve the best possible therapeutic outcome possible.

Wading through paperwork, spending valuable time making calls to employers, payors and physicians to track down claims and fight for reimbursements only makes it more difficult, if not impossible, to achieve that goal.

P2P Link

StoneRiver - P2P Link provides essential electronic connectivity between workers' compensation payers and medical providers. Our industry-first solutions streamline bill processing by facilitating the electronic attachment of required supporting documentation resulting in clean bills and prompt payments.

PRO Financial Solutions

What is PRO Financial?
PRO Financial solutions are insurance-specific client/server applications designed to address the unique requirements of insurance financial accounting and reporting.

  • Used by more than 100 insurance companies, ranging in size from start-ups to over $4 billion in direct written premium
  • Support Microsoft SQL Server and Oracle databases
  • Compatible with industry-standard report writers

PowerSuite

What is PowerSuite®?
PowerSuite is comprehensive browser-based Workers' Comp Policy and Claims Administration Solution delivered in completely browser-based J2EE technology that can be deployed in whole or in part to support Workers' Compensation insurance providers.

What does PowerSuite do?

PowerSuite Policy

What is PowerSuite® Policy?
PowerSuite Policy is a fully modular core policy administration insurance software platform allowing you to deploy components of the solution on your own schedule -- either all at once or gradually. PowerSuite’s ability to accommodate such a wide range of insurance environments results from:

  • Superior architecture
  • Deep insurance functionality
  • Full life-cycle policy administration and claims management