TempusDirect Joins the CCC Network to Deliver Third-Party Casualty Solutions

Rhea-AI Summary

CCC Intelligent Solutions Inc. announces integration with TempusDirect to optimize the review and adjustment of third-party medical bills. The integration allows CCC Casualty customers to perform medical bill review in CCC's Injury Evaluation Solutions (IES) offering and seamlessly refer bills to Tempus for various services. The referral results will be returned to CCC's IES for easy adjustments and evaluation.

Positive

• CCC's integration with TempusDirect streamlines the medical bill review process for CCC Casualty customers, improving efficiency and accuracy. The integration allows adjusters to easily apply adjustments and finalize evaluations with the click of a button. The collaboration with TempusDirect also provides access to collateral source validation, live benchmarking, and direct-to-provider networks and negotiations, enhancing the adjuster experience and driving outcome accuracy.

Negative

• None.

Integration Establishes a Single Workflow for Insurers to Optimize the Review, Adjustment, and Negotiation of Third-Party Medical Bills

CHICAGO--(BUSINESS WIRE)-- CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that TempusDirect (Tempus), an innovation leader in repricing services for third-party medical billing, is the newest company to integrate into the CCC Network. CCC Casualty customers will be able to perform medical bill review in CCC’s Injury Evaluation Solutions (IES) offering and seamlessly refer medical bills to Tempus for a variety of services. Referral results will be returned to CCC's IES where the adjuster can easily apply adjustments and finalize an evaluation with the click of a button.

"We are excited to work with CCC and integrate with their best-in-class bill review platform, helping our customers pay what they owe with the most efficient workflow possible,” said Josh Dickerson, COO and Cofounder at TempusDirect. “By working with CCC we can help our mutual customers identify eligible bills, ingest referrals automatically or manually based on customer preference, and provide these valuable services in an integrated solution that will be unmatched in the industry.”

CCC can help carriers identify and flag casualty risks early in the claims process through photo-based AI, segment those claims properly, and then – leveraging its newly upgraded bill review engine – facilitate line-level bill evaluation in ways that are intuitive for the adjuster to ensure reasonableness of charges and treatment patterns. With the Tempus integration, adjusters will be able to seamlessly add collateral source validation, live benchmarking, and direct-to-provider networks and negotiations.

“Combining CCC’s bill review engine and full suite of offerings with integrated access to TempusDirect’s suite of direct-to-provider solutions will create powerful synergy to drive outcome accuracy," said Kevin Moynihan, Vice President of Product Management at CCC. "This integration also improves the adjuster experience by eliminating the need to access multiple systems to perform these critical evaluation activities. We can't wait to help more insurers connect with Tempus offerings - both current and future."

Added Mike Silva, CCC's Executive Vice President of Customer Success, "CCC is always looking to innovate on behalf of our customers, and that includes serving as a hub for companies whose complementary solutions add unique benefits. I'm excited about the value our work with Tempus will bring to the market and our growing customer base."

Learn more about CCC® Third-Party Casualty solutions.

About TempusDirect

Tempus is built upon the foundation of user-inspired innovation and a promise to listen and serve with a sense of urgency. Tempus creates new and proprietary solutions to reprice 3rd Party medical bills and offers a Direct to Provider suite of solutions capable of retrieving, discounting, and paying the provider directly. These solutions work together to offer the ideal balance of liability-specific networks and direct negotiations. Additionally, Tempus’ first to market Claims Validation and Live Benchmarks solution offers medical bill validation for fraud and collateral source combined with liability specific benchmark data. Learn more about current and future offers at www.tempusdirect.com or www.linkedin.com/company/tempusdirect/.

About CCC

CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), is a leading SaaS platform for the multi-trillion-dollar P&C insurance economy powering operations for insurers, repairers, automakers, part suppliers, lenders, and more. CCC cloud technology connects more than 30,000 businesses digitizing mission-critical workflows, commerce, and customer experiences. A trusted leader in AI, IoT, customer experience, network and workflow management, CCC delivers innovations that keep people’s lives moving forward when it matters most. Learn more about CCC at www.cccis.com.

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding future use and performance of CCC’s digital solutions. Such differences may be material. We cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, competition, including technological advances and new products marketed by competitors; changes to applicable laws and regulations and other risks and uncertainties, including those included under the header “Risk Factors” in most recently filed Form 10-K by CCC with the Securities and Exchange Commission (“SEC”) on March 2, 2023, which can be obtained, without charge, at the SEC’s website (www.sec.gov). The forward-looking statements in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230504005219/en/

Michelle Hellyar

mhellyar@cccis.com

773.791.3675

Source: CCC Intelligent Solutions Inc.

FAQ

What is the integration between CCC and TempusDirect?

The integration allows CCC Casualty customers to perform medical bill review in CCC's Injury Evaluation Solutions (IES) offering and seamlessly refer bills to Tempus for various services.

What benefits does the integration provide?

The integration streamlines the medical bill review process, improves efficiency and accuracy, and provides access to collateral source validation, live benchmarking, and direct-to-provider networks and negotiations.

How does the integration enhance the adjuster experience?

The integration eliminates the need to access multiple systems, allowing adjusters to easily apply adjustments and finalize evaluations with the click of a button.