Concentra Managed Care, Inc. Commits to Expanded Resources in Auto Managed Care.BOSTON--(BW HealthWire)--April 8, 1998--Concentra Managed Care, Inc. (NASDAQ/NM:CCMC CCMC Commission for Case Manager Certification CCMC Communications Consortium Media Center CCMC Certified Career Management Coach CCMC Community Coordinated Modeling Center (NASA) ) is committing expanded resources and personnel to its auto managed care program, which further capitalizes on its exclusive relationship with Healthcare Value Management, Inc. (HCVM HCVM Health Care Value Management ). Concentra has developed a dedicated auto managed care unit, including national sales professionals and a national support team. Concentra Managed Care has also devoted corporate resources from information technology, product development, marketing and operations to effectively service its voluntary network access (VNA VNA abbr. Visiting Nurse Association ) clients and to prepare for the passage of MCO MCO Managed care organization, see there legislation in Massachusetts. HCVM is one of the largest preferred provider organizations pre·ferred provider organization n. Abbr. PPO A medical insurance plan in which members receive more coverage if they choose health care providers approved by or affiliated with the plan. (PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there ) offering integrated auto managed care on a voluntary basis to the consumer. Concentra Managed Care offers its New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. clients access to the HCVM network of approximately 25,000 provider locations in Massachusetts, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). and Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. . "The dedicated auto managed care unit, coupled with our existing HCVM relationship, will really allow Concentra Managed Care to leverage its experience and success in the auto managed care field to be a leader in Massachusetts and the rest of New England," said Kenneth Loffredo, Concentra's Senior Vice President, Marketing and Sales. Concentra has also played an instrumental role in the development of CRAuto, a bill review software application specifically developed for the auto managed care industry. Concentra has exclusive access to the software, and is engaging in broad implementation. The GeoAccess system, which matches injured individuals to medical providers based on a wide range of selection criteria, gives Concentra another service edge. Concentra Managed Care has initially offered access to HCVM as part of a VNA program where policyholders are free to choose whether to utilize HCVM's network of medical providers when seeking medical care after an automobile injury. This program gives injured individuals convenient access to a broad range of quality healthcare providers and allows both consumers and insurance carriers to save typically 25 percent of billed charges compared to non-networked medical providers. In states with mandated managed care for automobile injury claims, consumers who choose a managed care option are offered lower premiums for automobile insurance. Massachusetts is currently examining implementation of auto managed care legislation, which will enable carriers to mandate that policyholders who have chosen a managed care option see a network provider. Because auto managed care will result in overall industry savings, consumers will likely enjoy reduced insurance premiums in the future, as a result of lower medical costs to the payor. Concentra Managed Care is the leading provider and comprehensive outsource solution for cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. and fully integrated care management in the occupational, auto, and group healthcare markets. Concentra offers prospective and retrospective services to employers and insurers of all sizes, providing pre-employment testing, loss prevention services, first report of injury, injury care, specialist networks and specialized cost containment to the disability and automobile injury markets. The company has 130 field case management offices, with approximately 1,350 field case managers who provide medical management and return to work services in 49 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , and Canada. The company also has 83 service locations that provide specialized cost containment services including utilization management, telephonic case management, and retrospective bill review. Under the name Concentra Medical Centers, the Company operates the nation's largest network of occupational healthcare centers, currently managing the practices of 261 physicians located in 145 centers in 39 markets in 20 states. CONTACT: Concentra Managed Care, Inc. Kenneth Loffredo, 617/367-2163, Ext. 5103 OR Concentra Managed Care, Inc. Anne E. Kirby, 617/367-2163, Ext. 5108 |
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