TAMPA, Fla.--(BUSINESS WIRE)--Medata has announced the selection of Foresight Medical as its Specialty Audit Partner for surgical bills that contain implantable medical devices. Foresight is a cost-containment organization focused exclusively on controlling the rising costs of surgical implants in workers’ compensation.

“Innovative cost-containment strategies are at the core of everything we do,” said Cy King, CEO of Medata, which pioneered bill review in workers’ compensation. “It’s important to us to work with a company who shares this philosophy and delivers results. Foresight is recognized for its deep experience and industry-leading approach to fair, objective, and repeatable reduction methodologies. This partnership will enable Medata customers to realize significant incremental savings and gain visibility into utilization trending not previously available for surgical procedures involving implants.”

Foresight developed the industry’s first comprehensive post-surgical, pre-payment bill adjudication system that dives through the complex surgical implant supply chain, highly variable markups, and complicated provider billing practices to aggressively mitigate this rising cost driver.

“Foresight and Medata share a common commitment to excellence. We are very pleased to have the opportunity to work together,” said Foresight’s President Brian Bell. “Integrated with Medata’s bill review software, our proprietary implant-specific adjudication engine, Fusion™, analyzes and delivers savings across every implant-related cost category, including orthopedics, spine, and pain management. From the seemingly inexpensive fixation device, to the highly variable and extremely costly spinal fusion, Foresight reduces costs through an ever-increasing universe of audit and reduction metrics throughout all sites of care.”

About Medata

Medata, a privately held company based in Tustin, Calif., originated medical bill review in 1975 and continues to provide the most comprehensive medical cost-containment solution for the insurance industry. Medata has an outstanding record as a provider of bill review software and services to national property and casualty insurers, state compensation funds, self-insured employers and third-party administrators. Medata can be reached at (800) 854-7591 or via www.medata.com.

About Foresight Medical

Founded by a team of healthcare executives with decades of experience in purchasing, billing and supply chain management in the surgical implant sector, Foresight develops analytic and defensible solutions to control the rapidly growing costs of surgical implants in workers’ compensation. Based in Tampa, Fla., Foresight serves clients nationally and can be reached at 855-481-1205 or via www.Foresightmedical.com.