3 Ways to Optimize Insurance Card Capture & Verification

  1. Evaluate Build vs. Buy: 

Choosing between developing an AI-enabled insurance verification automation system in-house or purchasing a ready-made solution like an AI Powered API depends on your organization’s resources and needs. Although it requires a large initial investment and continuous care, building offers proprietary control. Purchasing allows for quicker integration and assistance thanks to specialized solutions, which minimizes upfront costs and installation time.

  1. Taking Care of Cost and Efficiency: 

The current techniques for verifying insurance come with a high price tag, a lot of inefficiencies, and mistakes in both digital and manual intake procedures. By automating verification activities, cutting operating costs, and decreasing errors with AI-driven accuracy and real-time validation capabilities, some organizations’ solutions claim savings of up to 60%.

  1. Future-Proof Solutions: 

New solutions guarantee secure, reliable, and scalable insurance card verification and capture. By lowering administrative load for healthcare providers and improving efficiency, it offers a future-proof solution that can adapt to changing healthcare landscapes. Its high payer recognition rate and versatile data collecting from other sources outside insurance cards make it a valuable tool.

By contacting these organizations, you may expedite the insurance verification process and take advantage of their cutting-edge AI-powered solutions, which can result in instant cost savings and operational efficiencies.

Build vs Buy - Orbit Healthcare - Insurance Benefit Verification Automation
Source: Orbit Healthcare