Articles


Leading Health Insurer Selects Kofax For Document Capture System To Accelerate Claims Processing And Reduce Costs

April 22, 2010

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

About Kofax
Kofax plc is the leading provider of document driven business process automation solutions. For more than 20 years, Kofax has provided award winning solutions that streamline the flow of information throughout an organization by managing the capture, transformation and exchange of business critical information arising in paper, fax and electronic formats in a more accurate, timely and cost effective manner.

These solutions provide a rapid return on investment to thousands of customers in financial services, government, business process outsourcing, healthcare, supply chain and other markets. Kofax delivers these solutions through its own sales and service organizations, and a global network of more than 1000 authorized partners in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com.

SOURCE: Kofax

Most Popular

Need Information?

Please wait... busy