• Menu
  • Skip to main content
  • Skip to footer

Odyssey Comp Partners logo (3) St. Louis. Park

Committed to the Journey

Header Right

  • HOME
  • ABOUT
  • SERVICES
  • RESULTS
  • BLOG
  • CONTACT

Mobile Menu

  • HOME
  • ABOUT
  • SERVICES
  • RESULTS
  • BLOG
  • CONTACT

Results

Workers Compensation Case Study Results

Working with more than 26 employers over a three-year period, Odyssey Comp Partners studied the effects of several innovative workers compensation policies as they were implemented. Each of these policies was developed in the hopes of positively impacting corporate profitability and employee productivity, while simultaneously reducing injuries and program administration costs. Odyssey Comp Partners added the following initiatives to there overall workers compensation strategy:

Implement a proprietary injury management process
Set up effective medical relationships (those with hospital, clinic, chiropractor, etc.)
Put into effect a nurse triage
Ensure early intervention with staff nurse case managers
Establish effective working parameters with claims adjustors

RESULTS

Total Claims Cost

Reduced total incurred claims cost by 59%

$1,380,389

before

$561,614

after

Average Cost Per Claim

Reduced average claim cost by 50%

$8,093

before

$4,068

after

Average Cost Of Lost Time By An Injured Employee Per Claim

Reduced average lost time claims cost per claim by 61%

$28,604

before

$11,080

after

CASE STUDIES

Where does it end St. Louis. Park

Where Does it End?

“We had meeting after meeting, year after year on how we could get our arms around our claims costs and the negative effects it was having company-wide. We hired Odyssey Comp Partners and now our workers’ comp program is a strength of our company” K.M- HR Director Problem A western Minnesota hospital was having issues …

Where Does it End?Read More

Budget crisis St. Louis. Park

Budget Crisis

“We entered into a business relationship with Odyssey Comp Partners at a critical point in our business. Their execution moved us to profitability” M.B – Administrator Problem A southern MN Senior Living facility had 37 claims, totaling nearly $500 million, within a four-year period. The majority of the injuries consisted of back and shoulder strains …

Budget CrisisRead More

Footer

CALL THE EXPERTS AT ODYSSEY COMP PARTNERS TODAY 763-228-0114

Copyright © 2021 · Odyssey Comp Partners · All Rights Reserved · Created by Amaxx Workers Comp Resource Center