Insurance Payors Cut Offshore Processing Risk of HCFA-1500 and UB-92 Paper Claims By Utilizing MedValue Workflow Management System for Claims Processing™.
MedValue, the leading provider of Claims Processing solutions and offshore talent to America’s leading Insurance Payors announced the rollout of its groundbreaking MedValue Workflow Management System for Claims Processing™(WMS), a proprietary web-based management and collaboration tool designed to eliminate risk of processing claims offshore by providing seamless Communication, Knowledge Management, Management Reporting and Issues Tracking between its Customers’ US-based Staff and MedValue’s India operations.
Chicago, IL (PRWEB) August 25, 2004 – MedValue, the leading provider of
Claims Processing solutions and offshore talent to America’s Insurance Payors
announced the rollout of its groundbreaking MedValue Workflow Management System
for Claims Processing™ (WMS), a proprietary web-based management and
collaboration tool designed to provide seamless Communication, Knowledge
Management, Management Reporting and Issues Tracking between its Customers’
US-based Staff and MedValue’s India operations.
“WMS revolutionizes the
way our clients interface with our support staff in India”, said CEO Raj Vaswani
from MedValue’s Chicago headquarters. “As more and more Insurance companies,
Third Party Administrators, HMOs, PPOs, Health Plans, and Physician MSOs are
freed up from managing ineffective employees and come to realize the outstanding
cost-benefits they derive from our offshore talent and services, we want to make
sure they gain greater efficiencies and turnaround times in their operations,
too. WMS is the cherry on top of the sundae”, says Vaswani. “If the strong team
of college-educated claims processing staff isn’t enough to help instantly
handle high volumes enabling our customers to grow their operations, our clients
become true-believers when they see how seamless WMS has made working between
their staff and their extended team in India at our centers. Productivity
increases dramatically and knowledge is shared easily between new and existing
employees”. Another benefit Vaswani shares goes straight to the bottom line
“With WMS, clients are speeding up adjudication of paper HCFA-1500s and UB-92s
by quickly identifying and providing missing information that is holding up
claims”.
MedValue Workflow Management System for Claims Processing™ is
built using state-of-the-art Microsoft based technologies and is an integral
part of the MedValue Platform™; the robust business architecture designed to
deliver custom offshore outsourcing solutions for the Insurance Claims
Processing market. The risks of offshore outsourcing projects is usually what
keeps many US-based companies from taking benefit of the low-cost and quick
turnaround advantages. WMS is targeted at lowering this risk of cross-border
implementations of mission-critical business processes, thereby enabling our
customers to have their cake and eat it too.
WMS features include:
Reporting for the Management Team, Manual Claim Entry and Issue Resolution,
Intellectual Capital Repository, Real-Time Project Collaboration, Searchable
Claim Records and Knowledge Management.
MedValue’s Workflow Management
System for Claims Processing™ has been in development and in operation at Beta
sites since mid-2003. MedValue Clients who are working with WMS are thrilled
with its simple interface and personalized features. “WMS proves once again that
the web can make collaboration seamless whether you are working across the
office, across town or from the other side of the world in today’s global
economy” says Vaswani.
For a free consultation to learn how MedValue
services can benefit your company and to get a no cost, no obligation
demonstration of our Workflow Management System for Claims Processing™, contact:
Gary Baker at e-mail protected from spam bots or toll-free at 877-528-1863
x623.
About MedValue
MedValue Offshore Solutions Inc. provides low
cost, high quality data processing and support services to third party
administrators, service bureaus, Insurance Companies, Third Party
Administrators, HMOs, PPOs, Health Plans, and Physician and Hospital MSOs and
ASOs. Our mission is to enhance our clients’ growth and profitability through
creative use of technology and high quality, affordable offshore talent from our
center in India. MedValue is headquartered in the Chicago area and is a U.S.
corporation with offices in Chicago and Southern California and state of the art
facilities in India. MedValue Offshore Solutions Inc. and its affiliates and
subsidiaries are collectively referenced as MedValue.
CONTACT
INFORMATION:
Gary Baker, EVP Business Development & Marketing
MedValue
Offshore Solutions Inc.
Tel: 877-528-1863 x623
Email: e-mail protected
from spam bots
http://www.MedValueBPO.com
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Source : http://www.prweb.com/releases/2004/8/prweb152042.htm