Claims management and administration software systems enable insurance claims adjusters, supervisors, and managers to process incidents and administer claims more efficiently and at a lower cost than traditional paper file and transport methods. Some areas that are made more efficient, thus lowering costs, are otherwise insufficient tracking and handling of medical provider billing (especially with medical bill repricing) and proper compensation scheduling. For larger claim adjuster organizations, tying claims data across multiple locations is a must. A complete claims management system will address these issues and more.
More from: claims
What is Colossus?