|[April 28, 2014]
STARS to Launch Version 14.0 of Its Cloud-Based Risk, Safety, and Claims Management Software
CHICAGO --(Business Wire)--
STARS, a business unit of Marsh LLC and the leading provider of risk,
safety, and claims management software, analytics and services, today
announced the upcoming release of STARS™ 14.0, the newest version of its
award-winning, integrated cloud-based platform. Among the many
enhancements, STARS 14.0 includes the industry's first risk relationship
management solution, giving risk, safety, and claims professionals new
capabilities to better engage key contacts within their risk networks.
In addition to auto-populating contact data and checking for duplicates,
this new feature of STARS 14.0 allows customers to define each contact's
relationship and link them to specific claims and incidents. This allows
customers to connect contacts to risk-related exposure data to better
analyze potential loss costs.
"We are excited about the upcoming launch of STARS 14.0 and bringing to
market the industry's first risk relationship management solution," said
President Paul Marushka. "With this new feature, STARS 14.0 users can
build stronger relationships with key stakeholders and obtain a more
complete risk picture after an incident occurs, which should result in
faster claim paymets, reduced errors, and lowered overall risk."
In addition to the new risk relationship management solution, STARS 14.0
also features a new STARS Intake™ application for iPad® and Android (News - Alert)™
tablets enabling users to report incidents and claims and attach related
photos in real time. This complements STARS Discovery™, the firm's
award-winning mobile application supporting safety and loss control and
other types of audits and inspections.
Additionally, a new PSO Export feature enables health care clients to
easily extract incident data and transmit it securely to Patient Safety
Organization (PSO) to improve decision making.
Other enhanced capabilities of STARS 14.0 include:
Increased access: Integration with document management systems eases
storage and access to risk, safety, and claims documents.
Global client support: Acceptance of multi-currency policy limits and
deductibles to support non-US and multinational clients.
Enhanced compliance: Incorporation of new ICD-10 code sets, enabling
clients to comply with CMS and HIPAA regulations.
STARS 14.0 is set to be released Summer 2014.
STARS, a business unit of Marsh Inc., is the global leader in
technology, analytics and data service solutions across risk, safety,
and claims management. STARS has approximately 400 employees worldwide
and serves more than 750 clients. STARS has the world's richest database
containing more than 60 million claims, and over 300 million
transactions. For more information on STARS, follow us on Twitter (News - Alert)
@csstars, visit www.csstars.com
and follow us on LinkedIn (News - Alert) http://www.linkedin.com/company/cs-stars.
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