Revenue Cycle Management Automation

Improve efficiency of health care providers’ revenue cycle process and uplift patient care, accurate extraction across medical records of different formats

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A leading global leading technology-driven healthcare reimbursement firm headquartered in USA with international back offices across the globe.

Challenge

 Interoperability -Manually identifying, downloading multiple sources and document formats.

Interoperability -Manually identifying, downloading multiple sources and document formats.

Lack of Patient-centric care and Scarce Subject Matter Expertise, increasing number of Claims to be processed on a daily basis.

Lack of Patient-centric care and Scarce Subject Matter Expertise, increasing number of Claims to be processed on a daily basis.

Manual data entry and threat to the privacy, security, and confidentiality of patient’s information.

Manual data entry and threat to the privacy, security, and confidentiality of patient’s information.

Fast-changing regulatory requirements and integration to safety database.

Fast-changing regulatory requirements and integration to safety database.

Botminds Solution

End to end automation, AI-powered highly accurate extraction and validation of patient & claims data – greatly reducing administrative effort & manual intervention

End to end automation, AI-powered highly accurate extraction and validation of patient & claims data – greatly reducing administrative effort & manual intervention

Botminds AI handles multiple formats of medical records, insurance claim forms (handwritten & printed, scanned) from hundreds of providers; and spurts of incoming documents

Botminds AI handles multiple formats of medical records, insurance claim forms (handwritten & printed, scanned) from hundreds of providers; and spurts of incoming documents

A one-stop automation solution with pre-trained models avoiding manual errors, reduces chances of delayed or reduced reimbursement

A one-stop automation solution with pre-trained models avoiding manual errors, reduces chances of delayed or reduced reimbursement

Results

99%
Accuracy

Up to 100% accuracy that improves over time with self-learning – critical for healthcare data

4X
Process Efficiency

Automatically extract, normalise and validate data from multiple, complex medical records in minutes

75%
Reduced Time

Reduce tedious, manual tasks in claims and billing part of revenue cycle process

3x
Claims Files Throughput

A threefold increase in claims processed by teams in comparison to using legacy systems

See Botminds Platform In Action

Learn how Botminds Intelligent Document Process can drive ROI, reduce costs, and save time for your business.

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