FAQ for Providers

Here is a list of our industry-specific FAQs:

RateFast is an impairment rating service used by medical providers, adjusters, and nurse case managers to create fast, accurate, and consistent impairment reports (Permanent and Stationary Reports) for workers’ compensation stakeholders.

The RateFast Impairment Report includes all elements needed for case settlement.

  1. Summary of history, examination and diagnostic testing relied upon.
  2. Whole Person Impairment (%WPI) with references to the AMA Guides and state-specific rulesets.
  3. Apportionment
  4. Future Care
  5. Work Status

Case documents are securely sent to RateFast.

The impairment report is created, formatted, and returned within 3 to 5 business days.

Depending on the plan, RateFast collects payment either from the provider or the insurance carrier.

Doctor’s First Visit (DFR), the last Primary Treating Physician’s (PTP) report, surgical reports, the latest diagnostic tests, and consultant reports.

RateFast impairment reports are among the most accurate and rigorous in the industry. When generating an impairment rating, RateFast analyzes all relevant parts of the patient’s chart using proprietary algorithms with direct QME oversight to ensure consistency, objectivity, and reproducibility.

Impairment reports are required on all industrial injuries in accordance with state guideline and labor code.  Creating accurate impairment reports is confusing and time consuming for providers and staff. RateFast saves doctors valuable time and  reduces letters of inquiry about impairment reports.

Yes. RateFast reports are impairment ratings created on the basis of the medical provider’s own report of signs, symptoms and physical exam findings. The rating rule set (e.g. the AMA Guides) are directly applied to the content of the report.

In areas where the AMA Guides are less defined, proprietary weight-averaged values are used to prepare the data prior to application of the values. This approach to impairment rating is historically well accepted by carriers and regulators among our clients.

RateFast will review any letters of inquiry and create a response for our client within 3 to 5 business days at no additional charge.

Rate-Fast is free for providers on the Rate-Fast Free plan. Rate-Fast collects payment directly from the insurance carrier. For Rate-Fast Premium providers who prefer to sign and bill their own reports, please contact us so we can assess your practice’s needs and determine pricing.

Your question not here? Feel free to contact us, we’re always willing to assist!