Vendor Management Program

39

Transcript of Vendor Management Program

Page 1: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 1/39

Page 2: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 2/39

Executive OverviewExecutive Overview

Incorporated in June 1999

Two Core Product Areas

Investigative Services

Litigation Support / Records Acquisition

R egional Coverage

100 Employees

PA, WV, DE, NJ, NY, MD, OH, DC, NC & SCEast Coast and Midwest through strategicpartnerships

Page 3: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 3/39

Executive OverviewExecutive Overview

Executive OverviewExecutive Overview

Diverse Experience of Ownership

Carolyn Langenohl20 years experience in the claims industryLitigation Manager, State FarmDirector of Operations ± Litigation Solutions

Steve Mazefsky17 years experience in the claim industry

Regional Sales Manager or Vice President -Sales Client Relations

Director of Business Development ± LitigationSolutions

Page 4: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 4/39

Staff ExperienceStaff Experience

College Educated, Law Enforcement,

Military Backgrounds

Prior Experience

LSI Training Program:

Equipment

Set up

Pre-Texting

Mobile Surveillance

Report Writing

Page 5: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 5/39

SurveillanceSurveillance

15 Day Turnaround Time

Eastern United States CoveragePre Surveillance Investigations

Page 6: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 6/39

Claims InvestigationsClaims Investigations

Asset Investigations

Public R ecords/Documents R equisition

R ecorded Statements

Accident Scene Inspections

Alive and Well Checks

Activity Checks

Page 7: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 7/39

Background InvestigationsBackground Investigations

Database Background

Courthouse Check

Criminal History

Civil History

Page 8: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 8/39

Why LSI?Why LSI?

Why

Litigation Solutions?

Page 9: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 9/39

Diverse Experience of Diverse Experience of 

Ownership / ManagementOwnership / Management

Ownership with Extensive Claims and

Carrier Service Experience

Team of Account Executives, Operationaland Administrative Support with ExtensiveIndustry Experience

Page 10: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 10/39

ServiceService

Strong R egional Coverage

Ease of Use

GPS Tracking Local presence

Available centralized intake

On-line capabilities

24/7 Service

100% Satisfaction Guarantee

Program Compliant

Vendor Management Program

Page 11: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 11/39

Quality AssuranceQuality Assurance

Concurrent

Pre Set Daily Check in Times End of Day Review

Customer Link

Daily review by QC Specialist & Supervisor

Prospective

Detailed Intake Databases / DMV

Insured Contact

Rehab Contact

Internet Research

Page 12: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 12/39

Quality AssuranceQuality Assurance

R etrospective

50% of all Cases reviewed by ownership Available Stewardship reports

Monthly Staff Evaluations

On-line Management Reporting

Page 13: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 13/39

TechnologyTechnology

State of the Art Field Equipment

Body cams, Time lapse equipment, long distance

capabilities

Video Snippets as part of the update

Quick access to visual evidence

Customer Link

Quality Assurance and Time Savings

GPS Tracking

Know where our staff is at all times ± no³Ghosting´ 

Page 14: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 14/39

Employees simply carry their GPS-enabled

mobile phone with them throughout theirregular activities and their location isautomatically tracked and recorded.

GPS TrackingGPS Tracking

Page 15: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 15/39

Page 16: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 16/39

Page 17: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 17/39

Page 18: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 18/39

Page 19: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 19/39

Page 20: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 20/39

Customer Link Benefit/VMO BenefitCustomer Link Benefit/VMO Benefit

On-Line R eferral Form

� Easy Surveillance Order

(Point and Click)

� Accountability

� Communication

On-Line Access to Video andUpdates

Time Savings

� Relevant Video Tape Only

� Minimize Phone Tag

� Positive ID Early

� Better QA

Cut and Paste Notes / Video

� Able to Send to Counsel

� Able to Send to Physician

� Insured Participation

FEATUR E BENEFIT

Page 21: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 21/39

Management R eporting

� Case Assignments / Who is Used

� Vendor Comparison

� Monitor Spending Trends, Cost Benefit

�Monitor Results Trends

Vendor

Staff 

� Use Trend Analysis for Best Practices

� Client Satisfaction

FEATUR E BENEFIT

Page 22: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 22/39

Vendor Management Program

Page 23: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 23/39

Vendor Management ProgramVendor Management Program

Program Choices

Exclusive Provider

� LSI Handles All Work

Preferred Managing Partner

� LSI Handles an Agreed Upon Percentage

Selects Vendor Panel Through RFP

Preferred Partner

� LSI Handles an Agreed Upon Percentageand Utilizes Client Panel

Special Investigative Unit

� One of the Above Choices Plus Fraud Plansand Reporting Where Necessary

� Documentation on and Referral of FraudCases

Page 24: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 24/39

Marketing advantages for client acquisition and retention

Increased results in the utilization of surveillance

Consistent protocols to evaluate vendor/claims handler results

R eduction in claims exposure

R educe risk involved with the use of this service

Increased R eturn on Investment

Management of vendor process without the cost

Minimal expense

Page 25: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 25/39

Vendor Management Panel BenefitsVendor Management Panel Benefits

Consistent R ate Structure

Customizes Vendor Panel

Vendor Verification

Licenses

InsuranceCentralized Management Structure

Intake

Communication

R eporting

Invoicing

Vendor Trends

Staff Trends

Vendor Panel Benefits

Decrease in Marketing Expense

Volume Increase

Page 26: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 26/39

Page 27: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 27/39

Page 28: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 28/39

Page 29: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 29/39

Page 30: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 30/39

Page 31: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 31/39

Page 32: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 32/39

Page 33: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 33/39

Page 34: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 34/39

Page 35: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 35/39

Page 36: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 36/39

Page 37: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 37/39

Page 38: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 38/39

Page 39: Vendor Management Program

8/7/2019 Vendor Management Program

http://slidepdf.com/reader/full/vendor-management-program 39/39