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MedNeutral's Medical Records Optimization for Gulf Oil Spill

Friday, August 20, 2010 Education News J E 4
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SAN DIEGO, Aug. 19 MedNeutral is now offering law firms and claim administrators an efficient means to optimize medical records associated with the Gulf Oil spill. MedNeutral's Medical Records Optimization(TM) solutions convert medical information into structured data to improve efficiency, accuracy and consistency in the review of medical records, thereby expediting the valuation and payment of claims.

MedNeutral performs triage and converts medical records into reports that are chronologically organized, indexed and summarized by medically trained professionals. The solutions enhance the services of lawyers, paralegals and claim processors by enabling them to more quickly understand and review relevant medical facts and analyze the legitimacy and valuation of a claim.

Separating legitimate claims from questionable claims and valuing the legitimate claims when scores of claims are being filed requires a scalable solution. Today's system of handling the voluminous, disjointed records from various sources is time consuming, inefficient and unstructured, resulting in high costs and inconsistent results.

"The next phase in the Gulf Oil spill will be the accumulation and processing of medical records for personal injury claims," reported Joe E. Russell, General Counsel for MedNeutral. "Our solutions can be an invaluable tool to optimize medical records and aid in the expeditious processing of claims which will benefit all the parties."

"While several personal injury and class actions have been initiated, numerous additional claims will be filed, including claims related to the use of the dispersants in the Gulf," he added. "The impact from the dispersants is still being analyzed and the medical records will help identify the causation of any injuries."

MedNeutral was founded by lawyers on the insight that vast amounts of information relevant to the analysis, valuation and resolution of litigation are locked in medical records. It has processed millions of pages of medical records for customers, including one of the largest Property and Casualty insurance companies in the US.

MedNeutral's range of solutions organizes and indexes medical records, summarizes each claim and provides abstracts of the medical records. The processed reports provide medical context as well as identifies pre-existing conditions and missing records. It also highlights key factors for the reviewer such as proximate cause, alternate causation and other factors which may impact valuation. The results can be integrated into a settlement matrix for expedited claim resolution.

Processed data can also be shared with as many users as the client authorizes, plus the user can apply electronic "sticky-notes" to their review which may be shared with others or not. The solution can also be a central repository for the medical records, allowing multiple users to access the same information.

About MedNeutral

Based on the insight that valuable medical information is frequently underutilized in the adjudication of injury claims, MedNeutral (www.medneutral.com) developed Medical Records Optimization, the first large-scale solution to convert unstructured data into structured, readily accessible information. MedNeutral is a subsidiary of Brahma Holdings, LLC and is based in San Diego, California.

Contact Joe E. Russell SVP--General Counsel and Corporate Development MedNeutral, LLC Phone: 619.325.1352 jrussell@medneutral.com

SOURCE MedNeutral
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