Fair Isaac Corporation, a provider of analytics and decision management technology, will team with FairPay Solutions, a specialty review company, to deliver enhanced workers' compensation services. The agreement will enable Fair Isaac to offer FairPay's cost containment analytics services to Fair Isaac clients in 47 states, including licensed and ASP clients of Fair Isaac SmartAdvisor workers' compensation medical bill review software in addition to outsourced bill review customers of the company's insurance service bureau.

Fair Isaac's technologies for medical bill review are designed to maximize savings and increase productivity for insurers. The software automates the labor-intensive process of reviewing and repricing medical bills to the amounts allowed by state law, usual and customary practices, and PPO network contract rates.

"FairPay is known for applying analytics-based processes to reduce excessive medical costs while recommending fair and equitable payments for a range of medical procedures," says Bill Hayes, vice president of healthcare and insurance solutions at Fair Isaac. "This agreement can help enhance our already proven cost-containment services for our clients. It also underscores Fair Isaac's commitment to help our clients manage their workers' compensation and auto medical costs more effectively."