This project was developed as a product and implemented for a fully accredited RCM company in the Midwest with over 30 years’ experience in medical reimbursement management. The Minnesota-based firm provides medical billing, coding, credentialing, and consulting services for multi-specialty medical professionals.
Accurate eligibility verification is a critical factor in the claims submission and reimbursement process. The rising work volume the team was handling through manual processes was strikingly undermining the efficiency. The team was verifying the eligibility of about 1000 patients daily for the upcoming appointments by logging into the provider portaland cross-verifying it from carrier portal. The data from the client application and extracted data from the provider portal is updated into the front-office application and eligibility report is generated.
Our RPA team built an intelligent robot that ran for 15 hours 7 days a week to execute the process through the following apps.
Pre RPA | Post RPA | |
---|---|---|
Transactions per day | 1000 | 5000 |
Accuracy rate | 63% | 97% |
Headcount | 10 | 1 |
*25% cost savings for the organization within the first year
*Besides operational efficiency, there has been a marked increase in patient satisfaction.
Countless businesses around the world and across industries have gained substantially from smart RPA implementations. Over the last decade, we have enabled our clients to transform their business by tapping their true potential with RPA. We can help you do that too!