Ultimately, independent medical peer review services, provided by Independent Review Organizations (IROs), are designed to reduce payor administrative costs and to insure that patients receive proper treatments. Rising healthcare costs effect millions of people daily and insurance companies can rely on IROs to help them to control costs and offer affordable coverage.
Utilizing independent medical peer review, patients and insurance companies can often avoid repetitive, unnecessary or invasive procedures that ultimately do not benefit the patient. As the complexity of medical treatment increases, medical peer review and Independent Review Organizations are becoming a valuable resource for insurance companies and their patients. The independent medical peer review process provides peer reviewed, evidence-based clinical determinations for all parties involved with the case under review.