(Ohio State University Marching Band at home in Columbus. Photo credit: Joebengo.)
The Ohio Bureau of Workers’ Compensation (OBWC, Columbus) has announced its deployment of StoneRiver’s (Denver; a wholly owned subsidiary of Holon, Israel-based Sapiens) PowerSuite Enterprise workers’ compensation solution. The organization went live on the solution 12 months ago and reports that it has created 122,000 claims, and processed 2.8 million medical invoices, 6.4 million policy transactions and made 1.1 million indemnity payments totaling $935 million using the system.
“PowerSuite is our primary claims and policy management system, helping us handle millions of transactions annually,” comments Shadya Yazback, chief of enterprise services, OBWC.
The solution includes the PowerSuite Policy and PowerSuite Claims offerings which OBWC adopted to improve provide automation and efficiencies for its workers’ compensation policy administration, billing and claims management.
“The Ohio Bureau of Workers’ Compensation was a significant implementation for us given the size, number of locations and users, and the multiple integrations involved,” notes Gary Anderson, head of P&C North America for Sapiens. “We couldn’t be more pleased with the results and look forward to continuing to partner with the bureau.”