Best-in-Class Results |
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Subrogation Measurement ToolMost companies strive to become best in class in many areas of the claim organization. A key element in accomplishing this is understanding how to benchmark results and the activities that drive those results. subrobenchmark, a component of the subrosource product suite, is designed to help you determine the most effective way to reach your overall objectives for efficiency and recovery. This is accomplished through a unique measurement process which helps drive behavior in an organization. Determining the Benchmarkssubrobenchmark is delivered with a key set of measurements that have been proven to positively impact recovery outcomes. Results can be rolled up across the organization to provide a clear view of what has been done and—more importantly—what needs to be done to improve performance. Results are fed to specialists daily so they can positively impact recovery outcomes and monitor their performances against best-in-class benchmarks. Achieving Optimal Resultssubrobenchmark is a proven tool. Our clients have seen levels of performance both in recovery and productivity improve by 10 percent in a 30-day period with the initial application of the tool. subrobenchmark can be readily customized to meet additional criteria and create focus on areas that need special attention through the lifecycle of the claim. Building an Effective teamsubrobenchmark helps you and your entire staff understand the relationship between their activities and the overall outcome of the subrogation process. The system will let you trend activities and show the correlation between time, level of activity, and recovery results. This significantly increases not only the application of best practices but also aids in achieving best-in-class results.
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