The backbone of a successful healthcare service is positive patient outcomes. Today, several healthcare reimbursement models look at patient outcomes to determine the level of payments. This has resulted in an increased focus from healthcare providers in improving...
Claims predictive analysis
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Claims Analytics Engagement Helps a Leading Insurance Company Identify Potential High-Risk Claims
Importance of Big Data Analytics for Insurance Services Provider With millions of claims to handle, adjusters find it extremely difficult to sift through all the documents. High-risks claims turn out to be very expensive to the company and need priority handling. The...
Claims Predictive Analysis Delivers Reduction in Frauds and Enhanced Customer Satisfaction for an Insurance Company
Business Challenge: Improving claims management process A US based insurance provider wanted to improve the management of its claims resolution process in order to improve customer experience while reducing management costs and insurance claim frauds....