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Dental insurance firm automating docs

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CIOL Bureau
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IRVINE: Kofax plc, a provider of document driven business process automation solutions, announced it will provide a document capture solution to a leading provider of health, long-term care and dental insurance products and services.

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The value of the contract to Kofax is over $200,000. The insurer will implement Kofax Capture and Kofax Transformation Modules to capture data from approximately 600,000 CMS-1500 and UB-04 claim forms it receives annually. The resulting data and images will be exported into the company’s Global 360 document management solution for further processing. The Kofax software will enable the insurer to reduce manual tasks, speed claims processing and improve efficiencies.

“Insurers in all industry verticals are seeking solutions to accelerate document processes, meet privacy mandates and drive down business costs,” said Alan Kerr, Executive Vice President of Field Operations at Kofax. “Automating health insurance claims improves productivity, generates a fast return on investment, and helps enable healthcare providers to focus on delivering the highest levels of patient care and service.”