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Description
Our innovative solutions lead to reduced loss costs, minimized expenses, and improved customer satisfaction, demonstrating their effectiveness with top-tier carriers. EvolutionIQ is at the forefront of revolutionizing the claims handling process for intricate coverage lines, fostering a robust collaboration between adept professional adjusters and a uniquely designed predictive guidance system. By providing clear prioritization, proactive claim alerts, and comprehensive context, empowered adjusters are able to lower losses and costs while enhancing the experience for claimants. This approach also mitigates unnecessary variability in the claims process by implementing a consistent and scalable guidance system. Additionally, it optimizes the deployment of adjuster resources, leading to fewer redundant claim reviews and facilitating targeted investigations that help avoid litigation and ensure timely settlements. Our claims AI systematically gathers and utilizes data to offer the strategic guidance necessary for your team’s success. Furthermore, EvolutionIQ integrates both structured and unstructured data from carriers alongside our exclusive third-party data, enhancing overall operational efficiency and effectiveness. This synergy not only streamlines processes but also positions your organization for greater success in the claims landscape.
Description
The FACTS® suite of products caters to various business sectors through a unified information system, including Health, Indemnity, TPA, PPO, HMO, PHO, IPA, MSO, Group Administration, COBRA, Section 125-Integrated Flexible Benefits, and Workers' Compensation with Integrated Managed Care, ensuring comprehensive 24-hour coverage. Since the establishment of HIPAA, the architecture of the FACTS® system has been rooted in solutions that adhere to HIPAA standards. Committed to facilitating a straightforward and efficient journey toward HIPAA compliance, FACTS® prioritizes readiness well in advance of the required federal deadlines. The fully integrated, interactive systems provided by FACTS®—accessible via the Internet and voice—equip healthcare professionals and administrators with around-the-clock access to vital claims and benefit information, in addition to enabling real-time transactions like EDI claim submissions online. By utilizing these tools, organizations can significantly enhance their risk management and insurance oversight capabilities. Furthermore, FACTS® remains dedicated to continuously improving its offerings to better serve its users.
API Access
Has API
API Access
Has API
Integrations
Gradelink SIS
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$25000 one-time payment
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
EvolutionIQ
Founded
2015
Country
United States
Website
evolutioniq.com
Vendor Details
Company Name
Ebix
Founded
1989
Country
United States
Website
www.ebix.com/facts
Product Features
Claims Processing
Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration
Product Features
Claims Processing
Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration
