| | November 2021MANAGEHRMAGAZINE.COM6As companies across the world are adopting a "digital-first" approach to business, the workers' compensation industry is increasingly witnessing a dramatic shift in its rates and policies. Corporate companies are increasingly leveraging the advancements in technology to make their workers' compensation and disability programs more accurate, efficient, and ultimately successful. The adoption of telemedicine proves to be extremely beneficial in delivering care to injured employees via virtual mediums. This provides employees with easy access to medical care, minimizes treatment delays, saves transportation time and cost, thereby reducing employer expenses and increasing the precision of claim compensation evaluation. On the other hand, from triage to automation, predictive analytics is highly capable of helping claims organizations obtain the right information and make accurate and informed claim decisions. With automation, companies can pass workers' compensation medical bills using straight-through processing. Elimination of redundant tasks and the need for human labor further highlight the efficacy of straight-through processing. Alongside this, wearables, chatbots, and cloud technologies are increasingly playing an inevitable role in taking workers' compensation and disability programs to the next level. Chatbots facilitate `pre-claim engagement' where injured workers can chat with return-to-work specialists in real-time via online mediums, while wearable technology helps employers save costs through injury prevention and case management. Cloud-native workers' compensation apps reduce the time and costs associated with processing claims for employers. A myriad of workers' compensation and disability service providers in the market offers the newest, innovative, and state-of-the-art solutions for companies around the world. To help leaders navigate through the list of promising workers' compensation and disability service providers, our panel comprising CEOs, CIOs, VCs, industry analysts, and the editorial board of Manage HR presents to you the top companies in this landscape. We took a deep dive into the market trends to narrow down the list of companies delivering workers' compensation and disability services. Equipped with innovative capabilities, these enlisted service providers transform workers' compensation and disability programs at the cloverleaf of various disruptive technologies. We hope this issue of Manage HR helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Let us know your thoughts! EditorialWorkers Compensation and Disability: At the Helm of Digital Innovation Managing EditorAlex GonsalvesEditorial StaffAaron PierceAva Garcia Philo VazRussell ThomasVisualizersAsher BlakeCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@managehrmagazine.comeditor@managehrmagazine.commarketing@managehrmagazine.com MANAGE HR MAGAZINENovember - 2021, Volume 03, Issue 08 Published by ValleyMedia, Inc. To subscribe to Manage HR MagazineVisit www.managehrmagazine.com Alex GonsalvesManaging Editoreditor@managehrmagazine.comAlex Gonsalves
< Page 5 | Page 7 >