Clinical and medical-legal expertise, connected technology, and a better process for closing claims with confidence.
RateFast was founded to address one of the biggest bottlenecks in workers' compensation: moving a claim to resolution once medical treatment has been administered. Our team blends clinical and medical-legal expertise with technology, giving clinics, enterprise clients, TPAs, and nurse case managers a more connected process and the timely, accurate reporting they need to resolve claims.
Too many claims stall in the gap between medical treatment, claims management, and reporting. RateFast closes that gap, giving treating physicians and claims teams the timely, accurate medical-legal reporting they need to move claims efficiently toward closure.
Reduce administrative burden so providers can focus on patient care.
Lower indemnity spend and rely less on QMEs and IMEs.
Spend less time chasing correspondence.
Know where they stand with their injured workers sooner, and injured workers can move past their injuries with fair outcomes.
Every rating is built on sound clinical judgment and medical-legal expertise.
We show our work, so reports hold up to scrutiny and reduce disputes.
Clinics and claims teams share the same information and one point of contact.
Physicians focus on patients. Claims teams chase less paperwork.
Claims teams see where every case stands without chasing updates.
RateFast brings together leaders in medicine, workers' compensation, technology, operations, and business growth, united by one goal: making workers' compensation easier to navigate for everyone involved.
John Alchemy, M.D. is a board-certified occupational medicine physician, inventor, educator, and founder of RateFast. With decades of experience in occupational medicine and workers’ compensation, he has developed patented technologies that improve the accuracy, consistency, and efficiency of impairment evaluations and medical reporting. Dr. Alchemy has advanced standardized California PR-4 reporting and regulatory compliance while pioneering technology that streamlines complex clinical workflows. A recognized speaker and educator, he provides training in occupational medicine, disability evaluation, and impairment-rating methodology. He also serves as President and CEO of John Alchemy, M.D., A Professional Medical Corporation.
Joyce Reitman is a five-time founder, seven-time CEO, and experienced board member with a track record of building, financing, scaling, and successfully positioning healthcare and technology companies. Her leadership includes raising capital, building executive teams, developing technology-driven business models, creating strategic partnerships, and leading companies through acquisitions. She led Pragmatech through its sale to Sanmina Corporation and Wellplace through its acquisition by PHC/Acadia Healthcare, and led Mark Cuban-backed Motionloft. After advising more than 50 emerging companies, Reitman joined RateFast in 2024 and became CEO and a Board member in February 2025. She holds a B.A. from the University of Illinois, an M.B.A. from Santa Clara University, and a financial certification from Wharton.
Michael Bongiovanni is an accomplished technology executive, entrepreneur, and Chief Revenue Officer of RateFast, with extensive experience driving growth, product strategy, operations, and technology innovation. As CRO and former Chief Technology Officer, he has helped develop and scale technology-enabled solutions that streamline workers’ compensation processes and improve access to care. Michael is a founder or co-founder of four technology companies and previously held senior leadership roles with Sage Group PLC. His expertise spans business development, professional services, regulatory compliance, and technology strategy. He holds a Bachelor of Mechanical Engineering from the University of Pennsylvania and brings an analytical, results-oriented approach to RateFast’s continued growth and innovation.
See how RateFast helps your team close claims with greater accuracy and less friction.