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What is Oracle Digital Insurance Platform?

Oracle's Digital Insurance Platform empowers insurance providers with advanced tools to develop innovative solutions and deliver exceptional digital experiences for their clients. This comprehensive platform streamlines various aspects, from sales channels to back-office operations, enabling rapid product launches and seamless adaptability to market shifts. By utilizing real-time analytics, insurers gain essential insights that enhance their decision-making capabilities. The system supports both individual and group life insurance, as well as annuities, by consolidating underwriting, policy administration, billing, and claims management into a unified framework. Health insurers benefit from improved enrollment processes, efficient premium billing, and faster claims processing, which contribute to higher member satisfaction through personalized and transparent services. Additionally, the platform enhances the bancassurance paradigm by ensuring immediate connectivity between banking institutions and insurance companies, promoting efficiency, consistency, and trustworthiness. This integrated approach cultivates a more agile insurance landscape, ultimately providing advantages for both service providers and their clientele while fostering a culture of innovation in the industry.

What is Alaffia?

Alaffia employs a sophisticated AI technology designed to pinpoint fraud, waste, and abuse within intricate healthcare claims, with the goal of preventing and recovering overpayments for both employers and payers. This cutting-edge strategy empowers Alaffia to detect and correct errors in claims before any incorrect payments are made. By engaging with Alaffia, you stand to recover funds that may have been lost due to overpayments on these erroneous claims, which could be costing your organization substantial amounts annually, potentially hundreds of dollars for each employee. Collaborating with Alaffia enables you to effectively mitigate these overpayments and improve your financial results. The Alaffia platform excels at identifying and rectifying billing errors, which is crucial in preventing unnecessary overpayments. Our partnership with your health plan or third-party administrator guarantees a seamless integration process that preserves your members' experience without disruption. Furthermore, our services are structured on a contingency fee basis, meaning you will only pay when we successfully secure savings. We are dedicated to protecting your employees from being billed for services that were never rendered, thus maintaining financial integrity in your healthcare spending. With Alaffia, not only do you minimize expenses, but you also optimize the efficiency of your claims management, ensuring a smoother operational flow. By choosing Alaffia, you take a significant step toward enhancing the financial health of your organization.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

www.oracle.com/financial-services/insurance/

Company Facts

Organization Name

Alaffia Health

Company Location

United States

Company Website

alaffiahealth.com

Categories and Features

Insurance Claims Management

CRM
Claims tracking
Customer portal
Document management
EDI data exchange integrations
Electronic claims
Fraud management
Reporting

Categories and Features

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