Innovate your Insurance Claims Management processes to stay Competitive in new Marketplace

  Innovation is a mark of change. And to stay afloat in today’s competitive marketplace an insurance company needs to effectively channelize new techniques that leads to business growth. One such area which needs to be tapped in by the small to medium sized insurers is Analytics, as effective analytics play multiple roles in improving […]

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Commercial Insurance Market to remain Favorable for Buyers

  The market for commercial insurance line will keep on favouring insurance buyers in the second half of 2017, especially those with vital risk administration and risk exchange procedures. The Willis Towers Watson’s 2017 Marketplace Realities report points to solid market place capacity as a key driver in economic situations and contends that ample capacity […]

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Battling Challenges of Big Data to Connect and Compete in Rigorous Auto Insurance Industry

Most of the insurance industry experts predict that by the end of 2018, most of the businesses including the insurance companies will heavily deploy Big Data solutions in their daily work proceedings. Despite the fact that the present adoption rate for this innovation is still on the half way mark, the acknowledgment of Big Data […]

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Promote Consistency through Dedicated Claims Management Services

Having consistency in the insurance business stands vital to the fact that if one has to survive in the long run, promoting consistency through dedicated claims management services is utmost important. Insurers all around the United States have in the recent past bogged down by the issue of incapable claims handlers, who fall short of […]

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Claims Analytics – Analytical Techniques used in Identifying Claim Frauds

To balance the healthcare losses and to raise the overall value of a healthcare organization, claims analytics is the solution. Beyond the difficulties of meeting healthcare reforms, payers are handling complications, like changing consumer behavior and payment expectations, while also looking for customer attrition, waste and fraudulent claims and cost of operations. For most industry […]

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Improve your Business Operations by Outsourcing Contract Management Services

Outsourcing is the preferred choice in today’s heavily poised and competitive healthcare insurance industry, or for that matter any industry that requires a supply chain audit. Contract management services are the administrative operations that looking into the company’s contract life-cycle right from request to authorization. Outsourcing CMS provides healthcare payers an enterprise wide contract management features like: A comprehensive […]

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Outsourcing Claims Processing Services

The ever evolving healthcare insurance industry is facing an uphill task as far as conducting and improving their business efficiency is concerned. Despite rivalry, market instabilities, lingering stringency in rules and regulations, outsourcing your company’s claims processing service via a third-party approach can help in reducing the processing time as well the cost. Churning out ideal business […]

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