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1032 * * * * Sections * Critical Risks * Risk Management * The Insurance Industry * Claims & The Law * Workers’ Comp Forum * Risk Insiders * Sector Focus * . * Risk Central * Power Broker * Risk Matrix * Risk Scenarios * Risk All Stars * Teddy Award * Sponsored Content * Branded Webinars * Magazine * Digital Issue * Issue Archive * Subscribe * Conferences * National Comp * National Ergo & Ergo Expo * Advertise * Subscribe * More * Award Applications * Newsletters * &BrandStudio * Privacy Policy * About R&I * Contact Us * Media Kit * Trending Stories * National Comp * Power Broker * Workers’ Comp Forum * Risk Matrix * Risk Central * The Profession * Sections * Critical Risks * Risk Management * The Insurance Industry * Claims & The Law * Workers’ Comp Forum * Risk Insiders * Sector Focus * . * Risk Central * Power Broker * Risk Matrix * Risk Scenarios * Risk All Stars * Teddy Award * Sponsored Content * Branded Webinars * Magazine * Digital Issue * Issue Archive * Subscribe * Conferences * National Comp * National Ergo & Ergo Expo * Advertise * Subscribe * More * Award Applications * Newsletters * &BrandStudio * Privacy Policy * About R&I * Contact Us * Media Kit NEWSLETTERS The best of R&I and around the web, handpicked by our editors. SIGN UP. RISK CENTRAL White papers, service directory and conferences for the R&I community. GO TO RISK CENTRAL. DIGITAL EDITION Web replica of the print magazine. VIEW DIGITAL EDITION. Type your search term above POWER BROKER POWER BROKER OVERVIEW Topics: Award Applications | Power Broker Application What is a Power Broker? Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community. Therefore, we don’t select a single winner but instead recognize four to six winners in different industry categories. Who selects the winners? A Power Broker® is selected based upon the strength of client testimonials. Risk & Insurance® editors and writers collect and choose the most compelling testimonials based on the award criteria. What criteria are used to select winners? It is very important to note that Power Broker® is focused on recent accomplishments. Certainly the below criteria could be demonstrated through the arc of an entire career, but for this program we strive to highlight recent challenges and solutions. This approach is utilized for the benefit of our readers who most value learning about challenges and solutions to current problems. The criteria are: * Risk Solution (50%): What specific challenge did a client face and how did the applicant/nominee solve that problem? * Customer Service (25%): Does the applicant/nominee demonstrate a commitment to primarily serve the interests of their clients? * Industry Knowledge (25%): Is the applicant/nominee committed to mastering the industry category they work in? The focus is on the individual broker Creativity and problem solving are critical success factors independent of firm or account size. Therefore, neither the size of a broker’s firm nor the size of an account is an important criteria for the Power Broker® program. We strongly encourage all brokers to apply. Nomination process Applications/nominations (referred to below as simply “applications”) are accepted from any source including a client, insurer, brokerage firm, service provider or individual broker. In the interest of maintaining a level playing field, Risk & Insurance® will accept no more than 100 Power Broker® applications from any one firm or its subsidiaries. Since the client testimonial is most important for judging, the source of the application does not impact an applicant’s chance of winning. We require an application form to be completed in order to capture profile information, an overview of the problem/solution and client contact information. Provide enough information to give our editors an overview of you and your accomplishment but don’t feel compelled to write overly long responses. Think concise and factual. Important Note Regarding Confidentiality: We are very conscious of the sensitive nature of the information provided. Client references listed on applications and contacted by judges may choose to be on or off the record. This includes the client name, company name and additional identifying information. All other information on the application will be considered on-the-record unless specified otherwise. Judging process Judges consisting of Risk & Insurance® editors and/or writers are appointed for each industry category. All of the applications in a category are first reviewed by the judges to provide an overview of the field and to ensure that the applications are complete. Client references listed on the applications are then contacted and interviewed. A summary of the interview along with an evaluation form is completed by the judge performing the interview. Once all interviews are complete, the judging team meets to review all the interviews and evaluations. The four to six brokers that received the strongest client referrals based on the award criteria are named a Power Broker®. Rising Star Designation Power Broker® winners and finalists who are 40 years old or younger are highlighted in the annual “Rising Star” section. Designees are determined based on the DOB listed on the Power Broker® application. No additional application is needed to apply for this designation. Publication Winners are announced in the January/February print issue of Risk & Insurance®. The information is also posted on the Risk & Insurance® website, enewsletter, web digital edition and iPad/iPhone Apps. A profile highlighting each Power Broker’s accomplishments along with a head-shot is presented by industry category. Award Packages A few weeks after the winners are announced, each Power Broker® receives a package with a copy of the print issue, an award plaque and additional information. Download the 2024 Logo Usage Agreement and PR Statement. 2025 Application Deadline: October 18, 2024 2025 Winner Announcement Date: February 24, 2025 SHARE THIS ARTICLE! Click to Copy Share Tweet Share TRENDING STORIES 11 QUESTIONS FOR TOM NASSO, CHIEF UNDERWRITING OFFICER OF FALVEY INSURANCE GROUP June 18, 2024 7 QUESTIONS FOR ARCHIPELAGO’S HEMANT SHAH February 14, 2024 THREE BENEFITS AND THREE CHALLENGES OF IMPLEMENTING AI IN CLAIMS MANAGEMENT February 22, 2024 2024 RIMS PRESIDENT DAVID ARICK SHARES HOW COVID AND AI HAVE CHANGED THE RISK MANAGEMENT SPACE February 23, 2024 MORE FROM RISK & INSURANCE DIAL BACK DIGITAL DRAMA ON WORKPLACE PLATFORMS WITH ERICA DHAWAN’S TIPS FOR CONNECTIVE INTELLIGENCE National Comp 2023, held in Las Vegas, kicked off with a pre-conference event conducted by the Alliance of Women in Workers’ Comp. This year’s keynote focused on connective intelligence in the age of virtual workspaces. A DUTY TO PROTECT: HOW TRAVEL INSURANCE CAN ADDRESS A RISKIER WORLD COVID was not the only thing that disrupted business travel. Geopolitical instability, climate risks and a new class of bleisure travelers are making corporate travel more complicated. Sponsored: Arch Insurance Company A TRUE INSURTECH STORY: HOW ARCH’S ACCIDENT AND HEALTH BUSINESS UNIT IS USING TECHNOLOGY TO STREAMLINE THE QUOTE-BIND-ISSUE PROCESS Arch Insurance is leveraging its experience in the technology-focused travel insurance industry to digitize its growing accident and health business. WORKERS’ COMPENSATION PBMS: WHAT THEY DO AND WHAT TO LOOK FOR Pharmacy benefit managers (PBMs) play a crucial role beyond price negotiations, focusing on clinical management, network strategies, and service. Effective PBMs manage costs, enhance care, and ensure transparency and security, addressing unique workers’ comp needs. Go to Homepage > SPONSORED CONTENT BY CONCENTRA HOW INVESTING IN CLINICAL ANALYTICS CAN HELP IMPROVE PATIENT OUTCOMES AND FOSTER A COLLABORATIVE APPROACH IN WORKERS’ COMP Analyzing clinical data can help occupational medicine clinicians improve their practices and provide better care for injured workers. By: Concentra | September 3, 2024 Occupational health providers are always looking for ways to improve care. Today, clinical data and new predictive analytic tools are helping occupational health clinicians streamline processes, develop tailored treatment plans, and improve outcomes. These tools can drive improved care coordination, help clinicians improve their treatment skills, and even determine when specialist intervention would benefit an injured employee. This can help clinicians build positive relationships with injured employees, which can lead to improved recoveries and high levels of patient satisfaction. WHAT CLINICAL DATA CAN DO Geneva Giang, Senior Vice President of Clinical Analytics, Concentra Clinical data can be applied throughout the patient journey to help drive better care outcomes. Analytic models can be used to review and assess patient files to determine whether an injured employee may be at risk for missing appointments. Then, clinicians, adjusters, or other stakeholders can step in and implement interventions to help the injured employee stay on their treatment path. Machine learning models can rapidly process and audit a clinician’s notes, providing information and insights to improve documentation and practice patterns. These tools can also help detect when an injured employee might need more attention and when it might be advantageous or necessary for a specialist referral. “Our first machine learning model gives us a heads-up when a patient is likely to cancel or miss their appointment. These predictive analytics enable us to identify trends or factors that potentially preclude an injured employee from showing up or consistently following our clinician’s recommendation. Knowing this allows us to step in and contact the patient or the employer to encourage the employee’s compliance,” said Geneva Giang, senior vice president of clinical analytics at Concentra. “It’s a much more effective and efficient way to audit charts, to understand individual practice patterns, and to achieve optimal patient outcomes,” said John Anderson, executive vice president and chief medical officer at Concentra. “We are training the model to understand the appropriate behavior in terms of when specialist intervention is most appropriate,” Giang added. “It’s the clinician that makes the decision. It’s not the machine.” USING DATA TO REVEAL OPPORTUNITIES FOR LEARNING John Anderson, Executive Vice President, Chief Medical Officer, Concentra Analyzing a clinician’s referral patterns can reveal knowledge gaps and opportunities for learning and improving skill sets in certain areas, e.g. eye injuries, lacerations, minor fractures, etc. “We’re able to identify individual clinicians’ practice patterns,” Anderson said. “We can then sit down with them and have a discussion. Maybe they need a refresher on orthopedics or their confidence in treating eye or other injuries. Maybe managing return to work could be improved. The data provides empirical evidence of the clinician’s practices. This information can be used by the medical director to direct a clinician to seek ongoing training and continuing medical education. “Everyone going into medicine has committed to lifelong learning, and the information gained from machine learning can be used to focus clinicians on areas that will result in continuous improvements in the quality of care we provide to injured employees. We give our clinicians the building blocks and the motivation to take them to that next level,” Anderson said. WHY A HIGH-CALIBER ANALYTICS TEAM MAKES A DIFFERENCE Giang joined Concentra in 1995. Since then, Concentra has been committed to using data and evolving analytic tools such as machine learning and natural language processing to refine and advance its clinical model. The results speak for themselves. The company used these tools to improve patient care and shorten the time it takes to get injured employees back to their pre-injury levels of function. Concentra’s data science and analytics team consists of highly skilled technological professionals and analysts who understand how to analyze and interpret data and share insights with clinicians to drive optimal clinical outcomes. “Our team looks at information and tells a story. We work to understand both individual and group practice patterns to be able to evaluate trends,” Giang said. HOW ANALYTICS CAN FOSTER A COLLABORATIVE APPROACH IN WORKERS’ COMP “It is our job to focus on continually evolving in response to the changing dynamic of patient behavior, but also to have a positive impact on all of our clients, be they employers, payers or the patients,” Giang said. The company is working to digitize its data so clients can easily consume and electronically incorporate it into their systems to better understand how a care-first model can improve claims outcomes and reduce costs. “We’re investing a great deal to digitize all of our data so that we can share it with the employer and payer directly,” Anderson said. “When we do what’s best for the injured employee in terms of providing optimal care of their injury or illness, everybody benefits. The patient benefits, the payer benefits, the employer benefits, the community benefits, and the patient’s family benefits. Our focus is on getting the injured employee treated and restored to their previous pre-injury level of function as quickly as possible by breaking down any barriers or delays that would slow that down. Our ability to improve care and outcomes is made possible from information provided by our clinical analytics and data science team.” To learn more, visit: https://www.concentra.com/ This article was produced by the R&I Brand Studio, a unit of the advertising department of Risk & Insurance, in collaboration with Concentra. The editorial staff of Risk & Insurance had no role in its preparation. Concentra® is America’s leading provider of occupational health services, delivering work-related injury care, physical therapy, and workforce health services from nearly 550 Concentra medical centers and more than 150 onsite clinics at employer locations nationwide. SHARE THIS ARTICLE! Click to Copy Share Tweet Share