Automated bill review improves cost containment.(Technology showcase: a special supplement highlighting the tools for claim handling)

From: Claims | Date: November 1, 2004 | Copyright information

Excessive paid losses, climbing combined ratios, and increasing fraudulent or unnecessary claims continue to batter the property and casualty insurance industry. Many companies are now searching for new ways to protect their bottom lines. Given the current environment, companies need a nationally consistent medical cost containment program now more than ever, with an efficient, automated bill review system as an integral part of such a program.

PowerTrak, a medical bill review solution developed by Ingenix[R], automates the bill review process. The software eliminates the need ...

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