
Mitchell International Purchases Ingenix Property & Casualty
Medical Bill Review Business
Combined businesses make Mitchell the leading provider of medical bill review solutions for workers’ compensation, offering insurers unprecedented scope and scale of solutions
San Diego, CA—October 20, 2010—Mitchell International, Inc., a leading provider of information, workflow and performance management solutions to the Property & Casualty (P&C) claims and Collision Repair industries, today announced it has signed a definitive agreement to purchase the P&C medical bill review business segment of Ingenix. Through this purchase, Mitchell’s Workers’ Compensation Solutions (WCS) business becomes the leading provider of workers’ compensation claims solutions with SmartAdvisor™ - a powerful medical bill review platform able to give the P&C insurance industry an unprecedented ability to streamline medical claims operations and improve cost containment. Terms of the transaction were not disclosed.
As a result of the agreement, the Ingenix P&C medical bill review business will become part of Mitchell. Ingenix, through its focus on delivering information solutions to the health care industry, will continue to bring other advanced payer solutions to the P&C market including its broad administrative and medical cost containment and analytics capabilities, such as MedPoint, Credit Balance and Medical Analytics Consulting. Ingenix and Mitchell will collaborate in the future through a strategic relationship meant to bring comprehensive solutions to clients, helping them reduce loss costs, lower loss adjustment expenses (LAE) and solve complex medical analytic challenges.
"Today’s announcement is good news for Mitchell, Ingenix, and our respective customers," said Alex Sun, president and CEO, Mitchell International. “This purchase further exemplifies our commitment to key, strategic relationships and investments that enable us to develop and deliver the industry’s leading technology solutions to the P&C market. We welcome the Ingenix medical bill review team to Mitchell."
Nina Smith-Garmon, senior vice president and general manager of the Mitchell Workers’ Compensation Solutions Division, said: "With the addition of the P&C medical bill review business from Ingenix, Mitchell Workers’ Compensation Solutions radically changes the P&C medical bill review landscape. As a market leader, we have unprecedented scale in offering advanced technology solutions for workers’ compensation in addition to our extensive Preferred Provider Organization (PPO) networks and compliance expertise. These strengths are provided against the stable backdrop of Mitchell’s longstanding experience in the P&C marketplace. I look forward to working closely with our new team members from Ingenix to ensure a smooth transition for all clients and employees.”
Steve Suter, general manager property and casualty for Ingenix, said, "We believe that the Mitchell SmartAdvisor medical bill review platform is best positioned to meet the current and future medical bill review needs of our P&C clients. We look forward to collaborating with Mitchell in the future to bring additional solutions to the P&C market, as Ingenix continues its focus on developing intelligence, workflow and connectivity solutions for health care that improve performance, create efficiencies, and contain costs."
Karlyn T. Carnahan, a principal at Novarica, an insurance technology analyst firm, said: "Insurers in the workers’ compensation market need to reduce costs, improve workflow efficiency, decrease productivity losses, and enhance timely recovery and return-to-work programs. I congratulate the team of Mitchell and Ingenix for coming together to provide their customers with a bill review and repricing solution designed to drive improvements in the workers’ compensation industry."
Mitchell SmartAdvisor is a comprehensive bill review solution for workers' compensation that leads the industry in its unique combination of performance software, client services, and best-in-class partnerships. Available through licensed or software-as-a-service model, SmartAdvisor's unique capabilities include customizable workflow modeling, Capstone® business decision rules engine, data analytics and reporting tools, Claims Examiner Portal for fast, secured, real-time access to bill data, and a proven technology platform that delivers on average 50-70% straight-through processing for improved efficiencies and lower costs. Visit www.mitchell.com/smartadvisor for more information or contact Mitchell Workers’ Compensation Solutions directly at 1-800-421-6705 to schedule a demo of the SmartAdvisor bill review system.
About Ingenix
Ingenix transforms organizations and improves health care through information and technology. Organizations rely on its innovative products, services and consulting to improve the delivery and operations of their business. Through its 12,000 employees around the world, Ingenix serves physicians, hospitals, government agencies, health plans and life sciences companies. For more information about Ingenix, visit www.ingenix.com.
About Mitchell International, Inc.
Mitchell International (www.mitchell.com) is a leading provider of information and workflow solutions to the Property & Casualty claims and Automotive Collision Repair industries. The company's comprehensive solution portfolio streamlines the entire auto physical damage, bodily injury and workers' compensation claims processes. Mitchell enables millions of electronic transactions between more than 30,000 business partners each month to enhance partner productivity, profitability, and customer satisfaction.
About Mitchell Workers' Compensation Solutions Division
Mitchell Workers' Compensation Solutions (WCS), a division of Mitchell International, is a leading provider of workers' compensation cost containment technologies and services. Insurance payers and other clients rely on Mitchell WCS's best-of-breed medical bill review platform, the SmartAdvisor Software Suite, to improve their medical cost savings results. For more information, please visit www.mitchell.com/smartadvisor.

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