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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

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Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

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COVID-19 and Corporate-IT Spending: Updates from the Field

Battery Ventures

We spoke to companies in the financial services, retail, insurance, pharmaceutical, cable/telecommunications, and tech sectors. It’s too soon to tell the full impact on budgets and priorities. We are living through a global crisis of unprecedented scale. In the U.S., last week’s unemployment numbers were literally the worst in history.

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Electronic Health Record Systems: Features, EHR Vendors, and Adoption Advice

Altexsoft

EHR is able to share medical information among all the authorized parties involved in the patient’s care: clinicians, labs, pharmacies, emergency facilities, nursing homes, state registries, and patients themselves. The first EHR prototype called Problem-Oriented Medical Record appeared 50 years ago. EHR Workflow. How EHR helps manage the practice.

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OTA Platform: How to Choose a White-Label Solution, and When to Go Custom

Altexsoft

White-label solutions make building an online travel agency or OTA extremely easy and fast. You can establish your presence on the web in no time — and with minimal upfront cost. Plug-and-play platforms have many hidden limitations, preventing you from standing out in a saturated travel market. The channel share in US travel as of 2022.

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Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

Altexsoft

Healthcare facilities and insurance companies would give a lot to know the answer for each new admission. Today, we can employ AI technologies to predict the date of discharge. This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. days in 1960 to just 5.4

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Navy Acquisition Can Easily Be Fixed

Marv's Smart Future

Long acquisition programs also insure that nobody in the acquisition system is personally responsible for failure because a Program Manager’s (PM) 3-4-year leadership tour only covers a portion of the full requirement-to-IOC (Initial Operational Capability) timeline. Driven by peer naval competition from Russia and China, the U.S.