OIT and CDMS announce a new third-party liability processing solution that enables integrated data access, helps insurers easily determine payer status, and much more.
May 20, 2009 (PRESSbooth.ORG) -- State College-based Optical Image Technology, Inc. (OIT) and Harrisburg-based Computer Document Management Solutions (CDMS) have created a third-party liability processing (TPL) solution to meet insurer demands for integrated and fast data access. The solution is the next evolution of a project for which OIT was the winning vendor for the Carl E. Nelson Best Practices Award in the large company category, presented at AIIM on March 31 in Philadelphia.
OIT’s DocFinity suite of document management and BPM/workflow software, combined with CDMS’s experience with systems integration, knowledge of DocFinity software, and TPL processing, allows the team to configure and optimize the solution to meet unique needs.
The DocFinity-based TPL solution, recently implemented at several sites, facilitates easy, instant data access through integration of disparate systems; helps insurers determine primary and secondary payer status easily; and delivers decision-making data from multiple systems into one solution and access point. It also automates work distribution according to claims practices; facilitates thorough tracking, audits, and compliance; provides the ability to compare documents against requirements and determine if any information is missing, and much more.
The solution helps insurers cost-effectively collect payments that would otherwise result in bad debt write-offs; improve data accuracy for fewer claims denials; meet changes in carrier filing requirements and standard operating procedures; and shorten claims processing times, resulting in better service for claimants.
Supporting Quotes
“Systems integration is increasingly important as companies strive to do more with technology they already own. As technology evolves to meet customer needs, we turn it into solutions for business. The recent release of the DocFinity suite, combined with our systems integration experience, makes this a natural extension of services that will benefit insurers across the country.” - Perry Kurlander, Senior Partner, CDMS
“This solution offers what many insurers are looking for: strong database integration that enables easy access to data from disparate systems, providing the information transparency workers need to make informed decisions quickly. Powerful, easy-to-use business process management (BPM) software simplifies and automates work distribution, quality control audits, and compliance, helping companies do more for less.” - Terry Gross, Senior Architect, CDMS
“Several companies are using our TPL solution and reaping a strong return on their investment. Fifteen years of partnership with CDMS enable us to deliver solutions that meet real needs and are easily implemented by some of the most qualified experts in the industry. Best of all, exciting new pricing models accompany the latest release of our DocFinity product suite, making the technology affordable for business at a time when every dollar counts.” - Ron Prichard, President, OIT
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