Analytics

Best Practices for Enhancing Claims Processing Efficiency

In the insurance industry, the claims process plays a vital role in shaping an insurer's reputation, customer satisfaction, and financial performance. However, this process is primarily characterized by the substantial volumes of unstructured data that insurers must adeptly handle and leverage to enhance the customer journey and streamline claims lifecycle management.

Sphere Entertainment And Hitachi Vantara Reveal New Details On Powering High-resolution Video Content At Sphere

Hitachi Vantara helps stream immersive content on Sphere's 160,000 square-foot interior LED display and 580,000 square-foot Exosphere. Hitachi Vantara's software technology processes Sphere's original content with speed and reliability.

Workplace Claims: A Close Look at the Importance of Quick Settlements

Workplace claims are legal actions or complaints that employees set forth against their employers due to violations of employment laws or contractual agreements. In recent times, employees feel encouraged to speak up for their rights with no workplace harassment, discrimination or unjust treatment. This increased awareness has raised legal standards and regulatory frameworks and thus, employees feel more empowered to report instances of harassment and discrimination.

How to Calculate Growth Rates in SaaS: Start with These 12 Growth Metrics

There’s nothing businesses desire more than growth. Your growth rate is a telling indicator of how far you’ve come in business and how soon you’ll be able to break even on investments. And if your company is shooting for an exit soon, your growth rate can be the difference between a few hundred thousand vs millions in investment dollars. With SaaS, the stakes are even higher.

Navigating AI-Driven Claims Processing

95% of insurers are currently accelerating their digital transformation with AI-driven claims processing. Traditionally, this process involved manual steps such as claim initiation, data entry, validation, decision-making, and payout, consuming significant time and resources. However, the introduction of AI has replaced tedious manual work, enabling companies to streamline their tasks efficiently.

A Simple Guide to Medical Insurance Claims

Insurance companies and third-party administrators are increasingly turning to automated data extraction to expedite the processing of medical insurance claims. This approach serves as a better alternative to time-intensive manual claim management. Leveraging AI technology allows them to efficiently extract crucial data from documents, eliminating manual data entry errors and significantly reducing processing times.

Establishing A Robust Data Foundation To Maximize The Benefits Of Gen AI

Newly appointed Snowflake CEO Sridhar Ramaswamy joins Snowflake's Director of Engineering Mona Attariyan and "Data Cloud Now" anchor Ryan Green to discuss the need for organizations to prepare themselves to take full advantage of Gen AI by implementing a carefully developed data strategy that eliminates data silos and promotes data sharing while protecting data privacy.