Milliman Nodal
Reduce cost and risk by predicting high-cost claims and excessive medical spend
Services related to Nodal
Navigating the AI journey in P&C claims: Build or buy?
Top 5 mistakes in building claims AI for P&C insurance
We explore the top five mistakes that property and casualty insurers make when building claims artificial intelligence, noting the advantages of purchasing a ready-made solution.
Industry survey: Tackling claims department challenges with AI
By embracing large language models, claims departments can use AI to enhance accuracy and free up professionals for more complex tasks.
Elevate workers' comp claims with medical benchmarking
In workers' compensation, medical claim benchmarking provides clarity on where an organization stands, and offers insights on areas for targeted improvement.
5 things to know about large language models in claims management
By leveraging the strengths of large language models (LLMs), insurers will gain a competitive advantage in the challenging markets they face today.
The role of NLP and AI in third-party litigation funding: How insurers can leverage data analytics to level the playing field
Third party litigation funding (TPLF) has emerged as a powerful tool for plaintiffs seeking financial assistance to pursue legal action.
8 steps to a successful AI adoption strategy for claims departments
AI is rapidly transforming the insurance industry, streamlining processes, and improving efficiency, particularly in claims management.
What are bundled payments and how can they be used by healthcare organizations
With the CMS, Medicare Advantage organizations, Medicaid organizations, and health plans experimenting with bundled payments, we offer a primer and perspectives.
Using group health data and AI to benchmark medical costs in workers’ compensation
Thanks to advances in artificial intelligence (AI) and predictive analytics, as well as accessibility to group health data, workers’ compensation payers can quickly identify opportunities to lower claim costs through the right treatment plan, the right provider to execute the treatment plan, and the right price.
Impact of inflation on workers’ compensation claims
Inflation can affect worker’s compensation due to its long-tailed nature, and we can estimate the impact using some simplifying assumptions.
Nodal related resources
How does inflation affect workers' compensation?
With U.S. inflation hitting a 40-year high, workers' compensation claims could be heavily affected in the upcoming years.
Medical benchmarking: Comparing WC claims to group health to lower your medical costs
With medical expenses in workers’ compensation continuing to rise, data is the key to developing reliable frameworks to understand and benchmark the costs.
Milliman Nodal Claims Triage brochure
Intervene in claims earlier with our web-based predictive modeling and decision-support system.
Milliman Nodal Medical Benchmarking for Workers’ Comp brochure
Stop overspending and enhance medical management by receiving transparency into group health treatment patterns.