DALLAS, TX--(Marketwire - June 2, 2010) -
WHO:
SOURCECORP, Incorporated, provider of business process outsourcing solutions in the mortgage, financial services, government, healthcare and legal industries
WHAT:
Will demonstrate its streamlined and cost-effective claims and administration solutions at the America's Health Insurance Plans (AHIP) Institute 2010
WHEN: June 9-11, 2010
WHERE:
Caesars Palace
Las Vegas
SOURCECORP will exhibit in Booth No. 131.
DETAILS: Increasing enrollments and claims processing volume resulting from the recent overhaul of the health care system will create new challenges for health care payer organizations, increasing the impact on operations, costs and marketplace strategies. With more than 15 years of industry experience, SOURCECORP specializes in addressing the unique claims processing and payment needs of the Healthcare Payer market. Delivering advanced workflow tools designed to improve efficiency and automation with Six Sigma quality, SOURCECORP assists with claim processing and conversion, enrollment management, premium billing and collections, medical management, COB/RxCOB outreach and reimbursement.
SOURCECORP experts will be on hand at AHIP Institute 2010 to explain how SOURCECORP's full lifecycle claims and administration solutions can reduce companies' operating costs by 25 to 40% while improving turnaround time and maximizing productivity. Visitors to the SOURCECORP booth will learn how the company's solutions have improved customers' first pass auto-adjudication rates by 10 to 12% in less than 30 days; reduced claims capture costs by $.63 to $1.26 per claim, which delivers an average of $1.2 to $4.5 million in savings annually; and reduced member application turnaround times to less than 24 hours.
SOURCECORP's solutions offer industry compliance to meet SAS 70 Type II, SOX and HIPAA requirements, as well as provide fully redundant global operations to assure disaster recovery and business continuity.
About SOURCECORP®
SOURCECORP, Incorporated provides business process outsourcing solutions and specialized high value consulting services to clients throughout the U.S. SOURCECORP focuses on business processes in information-intensive industries including commercial, financial, government, healthcare, and legal. Headquartered in Dallas, the company serves clients throughout the United States through a network of locations in the U.S., Mexico, Philippines and India.