Claims management

AI-driven claims management platform for health & life insurance to automate claims processes, reduce leakage and improve loss ratios.

3-7x

Return on investment within first 12 months of implementation

75%

Straight through processing achieved, with 99% accuracy.

Features

Go beyond straight through processing

Qantev streamlines your end to end claims management processes and gives you key decision-making insights along the journey.

Data extraction & OCR

Specialized OCR dedicated to insurance supporting documents, printed and handwritten, latin and non-latin characters.

Document classification

Supporting document identification and classification, template and language agnostic.

Member & provider identification

Member identification & membership check, coupled with accurate recognition of healthcare providers.

Required document check

Automated missing document check customized to specific process.

Medical coding inference

Automated medical coding inference, code agnostic (ICD 9, ICD 10, CPT, etc).

Data enrichment

Provider enrichment, readmission flagging, episode grouping, cost normalization, geocoding, referral patterns mapping.

Data cleaning

Cleaning rules, discrepencies correction, fixing of structural errors and unwanted outliers, missing data.

Data governance

Data lineage, usage logging, operations history.

Coverage check

Automated checks against member's policy coverage, rules and exceptions.

Medical necessity check

Relevance check of medical care, vs member's medical situation and journey.

Provider contract check

Submitted claims consistency checks vs price lists and negotiated clauses.

Exception & limits automation

Complex reimbursement rules and exceptions supported by Qantev algorithms.

Reimbursement calculation

Automated reimbursement amount computation, taking into account specific rules.

Claims & payment history

Detailed view of member's status, claims and payment historical data.

Collaborative adjudication

Claims handlers and teams can collaborate on complex cases.

Activity tracking

Automatic log and tracking of all activities related to all cases.

Benefits manager

Define and update complex benefit rules into your products.

Exclusions manager

Define and update complex exclusion rules into your products.

Limits manager

Define and update limits (amount, quantity, period & more).

Policy usage tracking

Summary of policy usage and remaining available reimbursement amounts.

Normal & customary rules

Define and update base reimbursement approach that applies for all products.

Policy holder details

Member details, including medical history, policy rules, and beneficiary information.

Contract & policy viewer

Quickly find a specific policy or contract with filters for precise and efficient retrieval.

Automatic authorization calculations

  • Policy limits and business rules calculation to produce authorized amounts.
  • Provider contracts and regulated fees leveraged to calculate costs.
  • Historical market data used to estimate prices.

Integrated workflows

  • Fully automated data acquisition and adjudication for automated approval.
  • Optimized interfaces for real-time request handling in call centers.
  • Complete integration with direct billing for straight through payment processing.

Correspondence generation

  • Creation of letters of authorization, denial with explanation.
  • Automated letter generation from the case data, based on configurable templates.

Request history

  • Member and provider historical data leveraged to improve responses.
  • Automated medical consistency and intelligence checks to support decisions.

Claims registration

Health care providers can submit claims and multiple medical documents directly through a web portal.

Eligibility & benefits check

Health care providers can quickly check eligibility and benefits for every insurance member.

Prior authorization check tool

Define and update complex exclusion rules into your products.

Notification center

Real-time notifications on incomplete cases and claim statuses.

Claims status & history

Health care providers can check the status of their submitted claims.

Prior authorization requests

Health care providers can submit prior authorization requests.
How it works

Empower your claims handlers with specialized AI

Smarter data extraction

OCR & AI to capture, clean, enrich, understand and digitise data automatically from any claims documents received, to reduce manual input.

Smarter coding & flows

AI to automatically infer medical codes, and deliver automatic triage of the claims, making flows and processes more efficient.

Smarter checks

AI to assess the medical consistency & validity of patient's journey or diagnosis against market practices, to detect anomalies.

Smarter calculations

AI to understand complex policy coverages and calculate the right reimbursement amounts, reducing TAT and human errors.

Smarter predictions

Integration with third party databases and feedback loops to improve platform accuracy & intelligence.

Get 3-7x ROI in 12 months

Leakage reduction

Automation, insights & FWA detection to improve loss ratios and profitability.

Rapid deployment

4-6 months average deployment for quick business wins.

Faster claims TAT

Straight through processing to Improve your customer experience and NPS.

Easy integrations

Modular and API-driven architecture to fit within your complex ecosystem.

Specialized AI

900M medical claims processes for highest accuracy and domain knowledge.

User friendly

Shorten learning processes when onboarding new claims handlers.

Ready to get started?

Talk to one of our experts.

Request demo