AArete Debuts AI Payment Solution for Health

 

AArete, a leading management and technology consulting firm, has launched its next-generation Payment Intelligence® solution, revolutionizing health plan operations and medical claims payment accuracy. This AI-powered platform integrates advanced claims analytics, the proprietary Doczy™ tool, and AI/ML models to tackle costly claims challenges. By adapting to national and state regulations and incorporating plan-specific policies, Payment Intelligence® improves claims processing accuracy, promising up to 5% in first-year medical claims savings and annual administrative cost reductions of up to 18%.

Engineered to handle the complexities of provider contracts, plan policies, and regulatory requirements, Payment Intelligence® offers health plans a streamlined path to ROI. Leveraging over 15 years of healthcare consulting expertise, AArete's client delivery team ensures rapid onboarding and minimizes false positives, translating insights into tangible value. CEO Loren Trimble emphasized the firm's commitment to using AI to enhance operational efficiency and accuracy, aligning with AArete's mission to "Humanize Data for Purposeful Change®."

More Information: https://www.techdogs.com/tech-news/business-wire/aarete-unveils-ai-powered-payment-intelligence-solution-for-health-plans