In the healthcare industry providing valuable patient care requires constant management of multiple healthcare processes. Healthcare agents have to shuffle from one process to another like a running clock. To make sure every process is running on time, healthcare providers need constant manual effort, time, and speed. However, manually making sure [...]
Approximately 97% of the data handled by the insurance industry is unstructured, and the most valuable information lies within the adjuster's notes, comprising unique words, acronyms, and abbreviations. Surprisingly, insurance firms utilize less than 3% of this data for decision-making, a revelation that highlights the untapped potential in this sector. Intelligent document [...]
The worldwide adoption of automation technology is just increasing with every passing year. We all have seen the impact of RPA in banking, healthcare, IT, insurance, and many other industries so far. Right from customer onboarding to KYC, RPA has been able to do it all for enterprises. But now enterprises [...]
In the realm of healthcare, revenue cycle management (RCM) encompasses the comprehensive process that providers, such as hospitals and healthcare systems, undertake to monitor and capture revenue associated with patient interactions. Commencing as early as when a patient schedules an appointment, the RCM healthcare workflow unfolds through various stages, including payer communications, [...]
Intelligent Document Processing: The Complete Guide As we step into the sixth decade of the information age, data has emerged as a valuable currency in the business world. However, a large portion of a company's data is in an unstructured format, primarily consisting of written text [...]
The use of technology has permeated every aspect of human life as our dependency on tech products for quick resolution is constantly increasing. Rapid digitalization across industries over the past two to three years has changed the fundamentals of how firms run, especially after the pandemic. By providing a seamless omnichannel [...]
Since the emergence of the pandemic and Covid-19 implications, technologies have immensely transformed the way businesses operate and offered their services. Among all the strategic and technological approaches, “Hyperautomation” is one of the approaches that has gained a lot of traction from technology leaders. As per Research and Market reports, the [...]
The top technology trend for 2021, according to IT research and consultancy company Gartner, was hyperautomation. And, as we stand in mid-2022, it is by no means slowing down! Hyperautomation has been anticipated to be the upcoming super catalyst for the corporate sector's digital revolution as it aspires to bring all [...]
The product of human judgment and scientific evidence has always been a part of healthcare. Artificial intelligence (AI) advancements are bringing those two aspects closer together than ever before, and the business is feeling the effects. Data-based artificial intelligence is defined as computer systems capable of performing activities that normally require human [...]
Organizations and business leaders today are looking for opportunities to accelerate employee experience, right from employee onboarding to assisting the new employees to sort out their IT support issues. Because in the hyper-digital era, the customer today demands faster access to information without any friction or long wait times. Generally, service desk [...]
