Systems
Parts of a Payment
Team Members
Abbreviations
Allocation/Correspondence
100

The access database you can search for pertinent information for any particular claimant

What is CDS

100

The name of the file that captures all information for any one particular payment

What is the Payment File

100

The individuals responsible for maintaining integrity of all data and manipulating and providing files as instructed

Who are the BAs/DAs

100

MWB

What is the MasterWorkbook

100
The word document containing the point values for certain injuries that determine a claimants award
What is the Allocation Model
200

The excel database that houses all claimant data for a particular project

What is Master Workbook

200

The amount of money left for a claimant after all necessary deductions are accounted for

What is the claimant net award

200

The team responsible for providing reporting on all of the healthcare deductions

Who is the Lien Resolution Team

200

QSF

What is the Qualified Settlement Fund

200

The company we use to send large outbound correspondence mailings

What is Salix

300

The tasking system on our intranet used to track status and ownership of any particular task

What is the Work Schedule

300

The tab within a payment file displaying overall amounts

What is the Summary Tab

300

The team that handles setup of accounts, handles additional accounting of as needed, and physically works with accounting software to process payment

Who is the Fund Administration Team

300

MSA

What is the Master Settlement Agreement

300

The set of rules agreed upon by Defense that constitute an acceptable Release

What is The Review Criteria

400

One of the two accounting programs payments are ran through

What is QuickBooks or Dynamics SL
400

The payment type where we would pay Medicare 

What is a Lien Payment

400

The team that is the very last reviewer before the payment can be processed by the fund administration group

Who is the Quality Team/Quality Analyst

400

MRR

What is Medical Record Review

400

The period of time where claimants could submit additional records to obtain a higher award

What is the Appeals Window

500

The system where inbound release documents are uploaded and reviewed

What is Filebound

500

The source data where you can find confirmation of the various fees for the services we provide

What is the Contract
500

The individuals who are concerned with the details of our own fees and will provide invoicing to collect them

What is the Finance Team

500

ARL

What is Award Release Letter

500

The term used to identify the least amount of money a claimant in a particular settlement could be awarded (as instructed by the firm)

What is the DeMinimus Award

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