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Missouri Professionals Mutual Goes Live with Ravello Solutions' MedMal Policy System.


ST. LOUIS -- Missouri Missouri, state, United States
Missouri (mĭzr`ē, –ə), one of the midwestern states of the United States.
 Professionals Mutual (MPM MPM Multi-Processing Module (Apache)
MPM Manufacturing Process Management
MPM Milwaukee Public Museum
MPM MMW (Millimeter Wave) Power Module
MPM Master of Project Management (degree) 
) announced today that it put Ravello Solutions' CoverageQuick into production for its Medical Malpractice Improper, unskilled, or negligent treatment of a patient by a physician, dentist, nurse, pharmacist, or other health care professional.  Policy Administration System. Timothy H. Trout trout: see salmon.
trout

Any of several prized game and food fishes of the family Salmonidae, native to the Northern Hemisphere but widely introduced elsewhere. Though most species inhabit cool fresh waters, a few (called sea trout; e.g.
, Managing Director for MPM commented, "What struck us about Ravello is their system's ease of use and the company's expertise in the insurance industry. Also, Ravello's understanding of Medical Liability Insurance allowed them to introduce functionality previously unavailable in the marketplace."

"Medical malpractice insurance is extremely complicated and specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
. Ravello is able to keep track of highly complex issues such as "slots" and "locum tenens LOCUM TENENS. He who holds the place of another, a deputy; as A B, locum tenens of C D, mayor of the city of Philadelphia. " utilizing workflows that are proprietary to Ravello and that are very easy to follow. Additionally, the policy system's tight integration with the claims system allows our underwriters to make highly informed decisions on policies quickly and with complete confidence."

"MPM's business is extremely dynamic and complex. With the Ravello system, MPM will continue to grow and prosper in this highly competitive sector. We are certain that our solution suite offers MPM a strategic competitive advantage in the marketplace," said Andrew J. Serowitz, President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 of Ravello Solutions.

"I have been in the industry over thirty years and this is one of the few times I have felt that I was working with a business partner rather than a vendor," said Timothy H. Trout, Managing Director for MPM. "Ravello is highly responsive and our Ravello team was comprised of highly knowledgeable insurance professionals who are also experts in technology."

About MPM

Missouri Professionals Mutual is the largest medical professional liability company in the State of Missouri. MPM insures in excess of 32% of Missouri physicians and has been the market leader since its inception. MPM has restored stability to the physician liability insurance marketplace through a unique business model that combines experienced insurance executives, practicality and passionate creativity benefiting physicians and the patients they serve. MPM is committed to re-empowering physicians and it's aggressive approach to the market is reinvigorating the practice of medicine and improving healthcare for Missouri citizens.

About Ravello Solutions

Ravello is an Atlanta-based Policy Administration, Claims, and Billing system provider. Founded in 2000, Ravello is managed by an experienced senior management team with extensive industry expertise. Thomas G. Rosencrants, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , is a well-known and highly regarded member of the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 sector with over 30 years experience in the insurance, investment and technology business. President and Chief Operating Officer Andrew J. Serowitz, brings more than 25 years of experience in investment banking, insurance, financial services, and technology to the company.

http://www.ravellosolutions.com
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Publication:Business Wire
Date:Aug 31, 2009
Words:423
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