Minimising claims leakage through targeted strategies boosts healthcare revenue and operational efficiency
Industry: 
Healthcare
Claims leakage in healthcare leads to financial losses and inefficiencies. Inteliment partnered with a healthcare provider to implement advanced analytics and process improvements to reduce leakage and enhance revenue recovery.
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Challenges

  • High Claims Denial Rates: Elevated denials due to incomplete or inaccurate claims information.
  • Inefficient Claims Processing: Manual processing caused delays and errors.
  • Lack of Visibility into Claims Performance: Absence of real-time data hindered trend identification and root cause analysis.

Solutions

  • Advanced Analytics Implementation: Deployed predictive analytics to identify patterns in claims denials and leakage.
  • Claims Processing Automation: Introduced robotic process automation (RPA) to streamline repetitive tasks and reduce errors.
  • Enhanced Training Programs: Developed training to improve accuracy in claims submissions.

Outcomes

Less Claims Denials

Significant decrease in denial rates, for revenue recovery.

Data-driven-approch

Faster Claims Processing

Automation cut processing time by 40%, enhancing cash flow.

Improved Data Visibility

Real-time dashboards provided insights for proactive claims management.

Focus-on-ROI

Increased Staff Efficiency

Automation allowed staff to focus on complex claims.

Data-Driven Excellence

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