The MedinClaim software advantage
Providing user-defined, sophisticated cross-organizational processing, logical checking and medical algorithms together with aggregated data enabling actuarial calculations and underwriting, MedinClaim provides the following unique advantages:
Substantial Direct & Indirect Financial Savings average of 25% via Reductions in:
- Claims payments:
- Medical expertise costs
- Human resources
- Handling costs
In addition, MedinClaim unique ability to view, process, cross-reference and manage such a vast range of insurance categories allows for substantial savings on complex, time consuming correlations between separate insurance packages.
Increased Efficiency, Accuracy, Consistency & Transparency via:
- Early detection of fraud
- Detection of inappropriate billing
- Reduced paper-based claims processing
- Consistent handling of all claims according to customer-specific guidelines and processes.
- Complete data synergy of multiple medical cases under different covers:
- Cross-organization sharing of captured and stored data
- Economies of scale
- Accurate data for statistical, actuary, trends analysis and new product development
- Enhanced workflow control
- Process consistency
Optimized Medical Claims Processes:
- Enhanced operational effectiveness and efficiency via continuous and automated monitoring of medical claims and bills
- Rapid, automatic retrieval of all insured/claimant events
- Quick evaluation and settling of medical claims
- Faster, more accurate overall response time to customer inquiries
