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MINNEAPOLIS--Analytics and decision management technology provider Fair Isaac Corp. will team with specialty review company FairPay Solutions to offer enhanced workers compensation services.
Through the agreement, Minneapolis-based Fair Isaac will offer Addison, Texas-based FairPay's cost containment analytic services to Fair Isaac clients in 47 states, including licensed and application service provider clients of Fair Isaac SmartAdvisor workers compensation medical bill review software, and outsourced bill review customers of the company's Insurance Service Bureau.
Fair Isaac's medical bill review technologies automate the process of reviewing and revising medical bills to the amounts allowed by state law, usual and customary practices and preferred provider organization network contract rates.