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Are these factors stopping you from taking the digital plunge in claims management processes?
Do you want to optimize your claims management processes? Do you know digitalization can improve auto-adjudication rates and increase cost savings?
Simple answer is – claims operations can be made more effective with scaled digital adoption.
On an average, a payer spends 85-90% of its revenue on claims payments. Apart from financially straining the payers, this inefficiency also leads to an unpleasant experience for members and providers. An optimized claim management process involves digital adoption, if not wholly, then at least in parts of the claims processes. Massive cost savings can be achieved by scaled digital adoption. A move from industry-standard digitalization to best-in-class digital adoption can help you achieve an overall 25-27% savings.