With denials and staffing shortages on the rise, an efficient claims management strategy is essential. Current ClaimSource® users can enhance their claims management toolkit with two new offerings that operate at two distinct moments in the claims process: before claim submission and after claim denial.
Using your own historical claims data and Experian’s sophisticated knowledge of payer rules, these offerings continuously learn and adapt to an ever-changing payer rules landscape. Our claims experts also provide a high level of ongoing service to support your long-term needs.
Watch our brief explainer video to learn more about the two AI-based products that make up our AI Advantage offering and how you can transform the reimbursement process, decreasing claim denials for good.
Reduce denial rate: Edit claims at high-risk of denial prior to payer submission
Detect changes: Keep track of payer rule changes with AI so billers don’t have to
Empower employees: Allow staff to focus on highest-priority claims
Prioritize impact: Identify denials with the highest potential for reimbursement
Eliminate guesswork: Segment denials via AI so billers don’t have to
Increase revenue: Accelerate progress towards achieving your revenue goals
Brandon Burnett, VP, Revenue Cycle at Community Medical Centers, shares how their organization partnered with Experian Health to implement AI Advantage, which uses artificial intelligence to prevent and triage claim denials.
AI Advantage helped Schneck achieve a 4.6% average monthly decrease in denials in the first six months.
Rob Stucker, SVP Product at Experian Health, explains how AI Advantage - Predictive Denials and Denials Triage utilize artificial intelligence in more detail and how they work together to ensure you get the highest dollar amount recovered.
Hear from Community Regional Medical (Fresno) and Schneck Medical Center on the value of using AI in claims management.
New AI-Powered Products From Experian® Health Will Help Healthcare Providers Recoup the Billions in Lost Dollars Due to Insurance Claim Denials
By leveraging AI and automation, healthcare organizations can improve their claims management processes and prevent claim denials. Here are the 5 benefits of incorporating these digital tools.
A recent Experian Health survey among healthcare executives found that 72 percent said reducing denials was their highest priority.