Enhanced correspondence processing workflow with 99.5% accuracy and 37% cost reduction in the second year.
Correspondence processing workflows always have room for optimization, especially when it comes to large Blues. In this client’s case, the workflow included categorization and indexing of their Medicaid and Medicare Advantage correspondence with the ultimate goal of improving turnaround time.
The current workflow included complex categorization and indexing of correspondence including member, claim number, market, and sender ID. The process required combing through large documents which took a significant amount of time.
Smart Data Solutions worked alongside our client to establish the initial goal to lift and shift their current workflow, as well as the long-term goal to automate and streamline the process over time. Examples of documents processed included:
- Provider disputes
- Member appeals
- Medical records
- Consent forms
- Corrected claims
- Itemized bills
SDS focused on automation technologies to achieve a lower cost and Medicaid market compliance. These technologies included machine learning to enable document classification, full document optical character recognition (OCR), proprietary matching logic, real-time document association, and automated acknowledgment letter generation.
The machine learning Smart Data Solutions incorporated into this client’s workflow enabled a 37% cost reduction in year two of our partnership.
Our client also achieved 99.5% document level accuracy because of SDS’ hybrid double key and integrated audit which automated a second review of documents that the machine learning engine was not confident in.
Lastly, SDS automated the capture of member information which, in turn, aided the identification of markets for prioritization.
Ultimately, machine learning combined with ongoing workflow optimization resulted in lower cost, higher accuracy, and Medicaid market compliance to avoid penalties.
Need to enhance your organization’s Medicaid and Medicare Advantage correspondence workflows? Our in-house technologists at SDS provide expert guidance for your business needs. Contact us today to get started.