Business Challenge story
Rapid changes in healthcare regulations and laborious claims processing have led to inefficiency in the US healthcare revenue cycle, with billions of dollars tied up in insurance claims denials.
Advent created CAVO, a solution built on IBM® Cloudant®, to develop smart search technology, helping analysts and clinical staff rapidly find the information needed to process denied claims appeals.
CAVO improves the efficiency of the claims appeal process by up to 500 percent, helping providers recoup millions of dollars from erroneously denied claims for services provided.
- Cloudant SaaS
- FSS: Insurance - Core Insurance - Claims
- HC: Provider Solutions