ExtenderSAV™ Provider Network
MediNcrease proudly introduces a game-changing Workers’ Comp network solution specifically developed to improve network access and dramatically reduce the cost of medical care for our clients. MediNcrease enters into fully transparent and reliable provider agreements with thousands of practitioners, ancillary facilities, and hospitals nationwide to facilitate payment on bills in exchange for offering competitive discounts to MediNcrease payers. We call this network, ExtenderSAV™. MediNcrease Workers’ Compensation clients utilize the ExtenderSAV™ Workers’ Compensation provider network under industry low access fees, allowing payers to maximize their savings. The result is millions of dollars in improved savings and better relationships with medical providers.
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NonPAR Negotiation
Even the broadest Workers’ Compensation provider networks lack 100% network coverage. When injured workers seek care from non-participating providers, MediNcrease aggressively works to control our Workers’ Compensation clients’ out-of-network costs. Our team of highly specialized medical cost analysts contact providers and use a variety of proprietary tools to negotiate compelling discounts reflecting reasonable reimbursement for services rendered. All negotiated agreements are authorized by the provider and thereby mitigate the risk of future recovery efforts against the payer.
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PAR+ Negotiation™
In some cases, Workers’ Compensation provider networks enter into contracts with providers that yield minimal or no discounts below state fee schedule or usual and customary rates. Payers, typically, then end up reimbursing providers with little to no additional financial benefit. In these instances, MediNcrease contacts providers and uses a combination of proprietary and industry benchmark data along with client approved incentives to secure additional savings below the providers’ contracted network rates. All negotiated agreements are authorized by the provider and thereby mitigate the risk of future recovery efforts against the payer.
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