Secretary of Veterans Affairs Doug Collins testifies before his Senate Veterans Affairs committee confirmation hearing on Capitol Hill in Washington, DC on January 21. On Tuesday, Collins reported the ...

Despite claims processing being at the heart of the what insurers do, there is no standard format, legacy systems abound and some claims still arrive by mail. Yet, up to to 80 percent of all premiums ...

CheapInsurance.com reports that by 2026, AI-driven auto insurance claims will streamline processes, enhancing efficiency and raising concerns about data privacy and algorithm fairness.

With rising claim denial rates posing a continuous threat to the financial stability of medical practices, the need for efficient claim processing has never been more critical. According to a poll ...

The U.S. insurance industry’s top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and appeal processes—as well as ...

Blue Shield of California and Google Cloud are joining forces to digitize and simplify the healthcare billing and payment process. Together, the companies will create a real-time claims processing ...

Healthcare claims processing is rife with inefficiencies and financial strains marked by operational bottlenecks, rising denial rates and increasing administrative burdens faced by providers, ...

Doctors have increased the amount of electronic claims they submit by almost 50 percent in the last 10 years. In 2002, only 44 percent of claims were filed electronically; in 2011, 94 percent of the ...

The insurance industry has undergone significant changes over the years. The integration of advanced technologies such as artificial intelligence (AI) has paved the way for further evolution, offering ...

The IRS will take several aggressive steps against fraudulent claims for the employee retention credit (ERC), including an immediate moratorium on the processing of new ERC claims; allowing taxpayers ...