Insurance Claims Processing2024-03-21T06:36:16+00:00
Workflow Engine
Efficiently unlock more accurate insurance claims

Automate claims processing for faster decisions and improved user experience

Efficiently unlock more accurate insurance claims

Automate claims processing for faster decisions and improved user experience

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Advanced automation for swift and accurate claims processing

Processing insurance claims can be a complex and time-consuming task for insurers. The challenges include

Large volume of claim forms and invoices

Extracting relevant data accurately

Ensuring the validity of the information provided

Manual processing can lead to errors, delays, and increased costs

Possibility of fraud, and associated revenue leakage

Hampering efficiency of claims settlement

Our applications revolutionize the insurance claims processing landscape by leveraging cutting-edge technology to automate and streamline the workflow.

faster claim processing

touchless claims validation

savings in manual processing costs

accuracy in data extraction from medical claim forms, invoices, receipts

How we help simplify claims processing

  • Pretrained deep learning models extract (up to 30 fields) and validate claims data from ACORD forms, medical invoices, and receipts. Customizable models can also be trained on your data sets
  • Inbuilt exception management system for human-in-the-loop support for data correction and validation. Making sure you can access highly accurate data with confidence
  • Advanced deep learning models to prevent fraud through invoice validations, duplicate checks, and policy validations
  • Large language models to understand complex and verbose insurance contracts and validate claims against contract terms
  • End-to-end claims automation with uncompromised data quality, data availability, and data-driven decisions
  • Define field-level confidence scores for automated decision-making or involve human input when necessary
  • Utilize exception management or integrated orchestration platform for business-specific routing rules, driving touchless processing and reserving team capacity for complex cases
  • Make claim settlement decisions with the confidence of quality data, reduce cycle times, and dramatically improve customer experience

Explore industry trends with our curated resources

Discover how our automation can transform your claims-processing workflow

Our team of experts will guide you through our solutions’ features and benefits, showcasing remarkable efficiency, accuracy, and turnaround time improvements. Contact us now to schedule a demo and embark on the path to streamlined claims processing.

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