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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 Inovalon Payer Cloud?

Enhancing clinical quality metrics, refining the accuracy of risk assessments, increasing engagement from both patients and providers, improving patient outcomes, ensuring transparency in operations, and maximizing financial performance can all be accomplished through a cohesive suite of software solutions. The Inovalon Payer Cloud transforms traditional workflows into innovative, data-driven processes that align seamlessly with the core objectives of your health plan. With its robust analytics capabilities, our integrated SaaS offerings deliver critical insights focused on member needs, alongside the speed, accuracy, and flexibility necessary to thrive in today’s diverse and fast-paced market. By utilizing Inovalon's healthcare payer SaaS suite, organizations gain not only invaluable insights and actionable strategies but also the empowerment to evaluate, manage, and improve health outcomes, economic viability, and overall care quality. Our payer solutions enable stakeholders to foster enhanced member care and outcomes while concurrently boosting operational performance and efficiency, utilizing cutting-edge analytics and nimble business intelligence tools to adeptly maneuver through the complexities of the healthcare environment. Consequently, organizations can establish a proactive healthcare management strategy, ensuring they are prepared to tackle both present and future challenges effectively while maintaining a focus on continuous improvement. This forward-thinking approach not only enhances patient satisfaction but also drives overall organizational success in the healthcare sector.

Media

Media

Integrations Supported

Inovalon ONE Platform

Integrations Supported

Inovalon ONE Platform

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

Inovalon

Company Location

United States

Company Website

www.inovalon.com/products/payer-cloud/

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

Insurance Claims Management

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

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