How to Get Your Clinic Started in Workers’ Comp

Posted , updated on

Update for 2021: Getting started in workers’ compensation is easier than ever with RateFast Express, the service that writes your impairment reports for you!

First, we’ll start with the bigger question: Why should I get my clinic started with workers’ comp?

Revenue and reputation, that’s why.

Workers’ compensation can be profitable for your clinic, and boost your reputation. For the clinic that aspires to something greater, this is the guide for you.

But before you open your doors to doing workers’ compensation, be aware that there are several hurdles to overcome for you and your business.
Continue reading How to Get Your Clinic Started in Workers’ Comp

Going Green and Breaking Speed Records with RateFast

Posted , updated on

To date, the carbon footprint left by the entire field of medicine is quite large, and one could argue that it is a necessary evil. For example, you wouldn’t want a syringe that goes into your bloodstream to be made of recycled materials, or bags filled with biohazardous liquids to be made of compostable plastics.

When it comes to the environment though, we strongly believe that there’s always room for improvement.

RateFast is well adapted for a telemedicine workflow. When RateFast is used in conjunction with telemedicine, the potential for saving time, money, and the environment increases in orders of magnitudes. Continue reading Going Green and Breaking Speed Records with RateFast

Opioids and Workers’ Compensation

Posted , updated on

Millions of people in the United States are addicted to or dependent on prescription painkillers. It is important to note that not everyone dependent on painkillers have gotten there by choice. Many of these people started off with an injury, and were given a prescription of opioids or opiates from a physician for the pain.

We are in the midst of what has been called the “Opioid Epidemic” in the United States, which is a result of a web of factors. In this article, we will explore the causes of this epidemic, and how physicians in work comp have methods in place to prevent over-prescribing these powerful drugs to injured workers.

Continue reading Opioids and Workers’ Compensation

RateFast Podcast: Welcome Change, Make Dollars, with DaisyBill

Posted , updated on

This article is a transcription of an episode of the RateFast podcast, which you can listen to by searching “RateFast” in iTunes or the iOS podcast store.

If you’re a workers’ compensation provider, adjuster, or case manager check out RateFast Express: the service that writes your impairment reports for you!

There are limitless options to modernizing workers’ compensation in the 21st century, and RateFast has the monumental front of impairment reports covered.

Another company helping to modernize this very complicated system is DaisyBill. With the workload that clinics are expected to perform when going through work comp claims, a lot of the billing process is left incomplete for the insurance carrier, which complicates issues. Another thing, is that billing review is sometimes ignored by clinics, which leaves money on the table that the clinic could potentially collect on.

We spoke with Sarah Moray, founder of DaisyBill, about what her company does to help make these billing difficulties seamless with her cloud based software suite.
Continue reading RateFast Podcast: Welcome Change, Make Dollars, with DaisyBill

What We’ve Learned from Going National

Posted , updated on

RateFast has dived into the work comp systems of 7 different states nationwide. Each state has a different way of conducting workers’ compensation, from the method of recording when the injury happens, to how the medical provider determines MMI (which is known in many states as PPD or Permanent Partial Disability).

This article is about what we’ve learned from taking a look at the workers’ compensation system in multiple states.

Continue reading What We’ve Learned from Going National

RateFast Podcast: Carpal Tunnel Syndrome, When the Pain Gets Out of Hand

Posted , updated on

This article is a transcriptions of an episode of the RateFast podcast, which you can listen to by searching “RateFast” in iTunes or the iOS podcast store.

If you’re a workers’ compensation provider, adjuster, or case manager check out RateFast Express: the service that writes your impairment reports for you!

A patient enters a doctor’s office and says, “Doctor, I believe that I have carpal tunnel!” To which the doctor replies, “My god, it appears that I have carpal tunnel too! Now let’s check and see if you’re having carpal tunnel syndrome.”

Yes, most people’s hands contain a carpal tunnel, which is a rigid ligament through which the median nerve and the tendons pass through. Carpal tunnel syndrome is the pain associated with the inflammation of the nerves and tendons within the carpal tunnel. Knowing the difference between the two can save you from a snarky conversation like the one detailed above.

We spoke with Dr. Leonard Gordon, a microsurgeon, about what causes carpal tunnel syndrome, how to avoid it, how to treat it once it begins, and what is done when it goes from bad to worse.
Continue reading RateFast Podcast: Carpal Tunnel Syndrome, When the Pain Gets Out of Hand

Rate-fast.com Is Going National, and We Are Open During Construction

Posted , updated on

RateFast is excited to announce that we are going national!

Over the past few years, RateFast has provided AMA Guides 5th Edition impairment ratings and workers’ comp solutions for providers, insurance administrators, and other stakeholders in California. But soon, the RateFast platform will be updated to provide anybody in the U.S. with quality impairment ratings, reviews, and reporting services.

All RateFast ratings will adhere to the state’s rule set for determining impairment/permanent partial disability, or each state’s designated version of the AMA Guides.

RateFast will adapt its impairment rating forms to each of the state’s specifications, and provide a consistent reporting format in states which do not provide forms.

Our goal is to become the one-stop workers’ compensation for medical providers, insurance carriers, attorneys, employers, workers. To date, RateFast has already expanded into Florida, Tennessee, and Wyoming.

For Providers

Although we’re still updating our online platform to accommodate states other than California, we have worked with providers and insurance carriers in other states.

We can provide you with products and services customized to your state, AMA Guides version, and workflows, regardless of your location.

For Insurance Carriers

Please check out a list of our services here.

Questions?

To find out how RateFast can help, please contact us for more information.

Try RateFast Express today!

RateFast Podcast: Attorneys in Workers’ Comp: A Historical Perspective

Posted , updated on

This article is a transcriptions of an episode of the RateFast podcast, which you can listen to by searching “RateFast” in iTunes or the iOS podcast store.

If you’re a workers’ compensation provider, adjuster, or case manager check out RateFast Express: the service that writes your impairment reports for you!

Truly, it’s not ideal to have to hire an attorney for a work comp claim. Work comp attorneys however, are hired when the events of the claim are not ideal.

Originally workers’ compensation was supposed to simplify the process of an occupational injury or illness. As industry got more complex, corporations got bigger, and fraud was more and more common, attorneys became a necessity.

We spoke with attorney Phil Walker about his over 30 years of experience with workers’ compensation, how far it’s come, and where it appears to be going.

Continue reading RateFast Podcast: Attorneys in Workers’ Comp: A Historical Perspective