PMSI Receives Industry Innovator Award from The Institute for HealthCare Consumerism

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The Institute for HealthCare Consumerism's Editorial Board gives this award to those companies developing the most innovative solutions.

Tampa, FL (PRWEB) December 12, 2012

PMSI, one of the nation's largest providers of specialty products, services and clinical services for the workers' compensation and liability market, announced today that it is a recipient of the Industry Innovator Award from The Institute for HealthCare Consumerism. The award is given to those companies that develop innovative solutions for the health and benefits management industry. In its 7th year, The HealthCare Consumerism Superstars and Innovator Awards are presented annually by HealthCare Consumerism Solutions, the official publication of The Institute for HealthCare Consumerism and a leading publication for innovative health and benefit management.

“It is nice to be recognized for the differentiated solutions that we offer,” stated Dr. Maria Sciame, PMSI's Executive Director for Clinical Services. “Our entire team was instrumental in developing and refining our predictive modeling tools, including our Population Risk Scorecard.”

Specifically, PMSI is recognized for its Population Risk Scorecard which helps Payors identify potential high-risk cases early in the claims lifecycle. Using a data warehouse containing over 10 years of pharmacy transactions, PMSI's MedAssess™ Risk Intelligence System™ evaluates claims data to create a risk score at the population and individual claims level. This risk score is created based on PMSI's proprietary and clinical guidelines as well as national standards of practice. PMSI then works with payors to create intervention strategies as appropriate to control risk.

“Clinical insight is one of PMSI's primary differentiators in the market,” said Jay Krueger, Chief Strategy and Client Services Officer for PMSI. “It is nice when this is validated by a neutral third party, such as The Institute for HealthCare Consumerism.”

As an award recipient, PMSI will be featured in a special edition of HealthCare Consumerism Solutions magazine this month. It can be viewed at: http://theihcc.com/en/publications/superstars. Additionally, PMSI will be recognized at an awards ceremony at IHC Forum East in Atlanta on May 9-10 – http://www.theihccforum.com

About PMSI:
Founded in 1976, PMSI is a leader in developing solutions to control the growth of medical costs in workers' compensation. As one of the nation's largest and most experienced companies focused solely on workers' compensation, PMSI delivers proven solutions for cost containment across the claims lifecycle. PMSI's solutions for Pharmacy, Medical Services and Equipment, and Settlement Solutions deliver quantifiable results and improve the quality of care for injured workers. PMSI provides its customers with the innovation, focus, expertise, analytics and technology needed to successfully deliver workers' compensation benefits. For more information, visit http://www.pmsionline.com or call 877.ASK.PMSI.

About The Institute for HealthCare Consumerism
The Institute for HealthCare Consumerism is the only multi-platform, collaborative environment focused exclusively on innovative health and benefit management. It's a place for employers, solution providers, brokers, advisors, consultants, human resources and benefits managers, C-suite executives, financial management decision makers, TPAs, executives and administrators of regional health plan providers to LEARN, CONNECT and SHARE through The Institute's publication, HealthCare Consumerism Solutions, its bi-annual live conference The FORUM, and its online community at http://www.TheIHCC.com. As a catalyst for the growth of the health care consumerism movement, The Institute deepens the conversation and collaboration between its invested stakeholders.
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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/12/prweb10232002.htm

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