Secretary of Veterans Affairs Doug Collins testifies before his Senate Veterans Affairs committee confirmation hearing on Capitol Hill in Washington, DC on January 21. On Tuesday, Collins reported the ...
CheapInsurance.com reports that by 2026, AI-driven auto insurance claims will streamline processes, enhancing efficiency and ...
Despite claims processing being at the heart of the what insurers do, there is no standard format, legacy systems abound and some claims still arrive by mail. Yet, up to to 80 percent of all premiums ...
With rising claim denial rates posing a continuous threat to the financial stability of medical practices, the need for efficient claim processing has never been more critical. According to a poll ...
We’ve heard it all before. Global supply chain issues are impacting____. You can fill in the blank with just about any industry. Semiconductor chips quality control, retail and pharma inventory ...
Cheap Insurance reports that digital insurance claims are revolutionizing the process, offering immediate access, AI ...
The U.S. insurance industry’s top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and appeal processes—as well as ...
Healthcare claims processing is rife with inefficiencies and financial strains marked by operational bottlenecks, rising denial rates and increasing administrative burdens faced by providers, ...
Did you wait a budget-straining eternity to have a home insurance claim paid last year? Join the unhappy club. The average home insurance claim was settled in 18 days in 2021, compared to just three ...
Doctors have increased the amount of electronic claims they submit by almost 50 percent in the last 10 years. In 2002, only 44 percent of claims were filed electronically; in 2011, 94 percent of the ...