Medical claim processing is a time consuming and expensive headache for the healthcare industry. Each claim produces a large amount of patient, diagnosis, treatment and provides information which has to be manually keyed, checked and cross-referenced, a process which is both demanding and error prone. Errors introduce delays in the payment process and are often costly to resolve.
Through extensive use of state-of-the-art recognition technology, WaveClaim improves the processing of workflow and reduces the cost base for your BPO operation by limiting manual entry, increasing data accuracy and reducing payment turnaround time.
Business Benefits of Automation:
- Reduce claim payment timescale, typically by 80%
- Additional benefit of having an archive of claims images which can be used in a Document Management System to provide ongoing query support
- Reduce processing costs, typically by 75%
- Monitoring of productivity
WaveClaim allows your BPO company to meet your client's demands for Health Claims processing by being faster, cheaper, more flexible and more reliable.
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