CDS and Valutech form global partnership
New
Delhi,
Dec
17:
Cincom
Document
Solutions
(CDS),
division
of
global
software
company
Cincom
Systems,
and
Valutech,
Inc.,
a
leading
claims
disbursement
and
revenue
life-cycle
management
solution
provider,
have
formed
a
global
partnership
to
provide
critical
document
and
claims
disbursement
solutions
for
the
health
insurance
industry.
Most health insurance payors struggle with generating documents that accompany the claims payment and settlement process. They are also unaware that comprehensive document generation products are available that easily integrate with the claims disbursement process. This partnership will make document creation and claims disbursement solutions more easily attainable for Cincom's and Valutech's respective network of health insurance clients.
CDS provides health insurers with the tools to easily create, generate and deliver personalized document communications such as claims letters, explanations of benefits, and member correspondence in real-time.
Companies that implement CDS reduce document costs by 80 per cent, improve production times by 90 per cent, and virtually eliminate document errors.
Valutech's Universal Claims Disbursement System (UCDS©) gives insurance payors a comprehensive claims payment and revenue life-cycle system that handles all claims settlement for traditional and consumer directed healthcare (CDH) lines.
Not only does UCDS© manage all aspects of outbound payments, it also allows payors to easily locate, correct, and reissue any payment, recover on overpaid claims and output flexible electronic or paper financial information.
ANI
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