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What is Insurium?

A holistic solution that provides an all-encompassing view of the property and casualty insurance lifecycle. Streamline operations and conserve precious time with a sophisticated, rules-based, multi-state underwriting module that automates the collection of essential information along with the creation of quotes, endorsements, cancellations, audits, and renewals. Enhance combined ratios by embracing a modern and effective strategy for the claims adjudication process, which promotes both user-friendliness and collaboration. Increase new business possibilities by enabling effortless information exchange with brokers, ensuring that data collection is both streamlined and consistent while allowing brokers unrestricted access to vital information around the clock. Retain oversight of the submissions that your underwriters focus on. Improve customer satisfaction and retention by providing policyholders with self-service options for viewing policy information, submitting and tracking claims, making payments online, and more. Additionally, you have the ability to customize which portal features will provide the best user experience for your clients, guaranteeing that they receive the comprehensive support they require. By prioritizing these elements, you can significantly enhance the overall effectiveness of your insurance operations.

What is Inovalon Claims Management Pro?

Achieve a consistent revenue flow by leveraging a powerful platform designed to expedite reimbursements through eligibility checks, claims status monitoring, audit and appeal processes, and remittance management for both governmental and commercial claims, all within a unified system. Benefit from an advanced rules engine that swiftly corrects claims in alignment with the latest regulations from CMS and commercial payers, enabling you to fix any errors before submission. During the claim upload procedure, verify eligibility with all payers and pinpoint any issues that require attention, allowing for essential modifications prior to dispatching the claims. Decrease the days in accounts receivable by utilizing automated workflows to manage audit responses, submit appeals, and oversee administrative dispute resolutions efficiently. Customize staff workflow tasks according to the type of claim and the actions needed for resolution. Moreover, automate the process of submitting secondary claims to avoid the risk of timely filing write-offs. Ultimately, improve your claims revenue through streamlined workflows that support faster and more effective audits and appeals, ensuring your organization remains financially robust. Additionally, the adaptable nature of this comprehensive system allows it to grow alongside your operations, providing sustained advantages over time. This flexibility not only enhances operational efficiency but also prepares your organization for future changes in the healthcare landscape.

Media

Media

Integrations Supported

Integrations Supported

Inovalon Provider Cloud

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Insurium

Date Founded

2010

Company Location

United States

Company Website

insurium.com

Company Facts

Organization Name

Inovalon

Date Founded

1998

Company Location

United States

Company Website

www.inovalon.com/products/provider-cloud/revenue-cycle-management/all-payer-revenue-cycle-management/

Categories and Features

Commercial Insurance

Not specified

Insurance Policy

Claims Tracking
Policy Processing
Quotes / Estimates
Rating Engine
Renewal Management
Underwriting Management

P&C Insurance

Not specified

Categories and Features

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