Why You Should Take Advantage of AI Card Capture Systems

When it comes to healthcare, most providers collect health insurance information in one of 2 ways. They either write it down with a paper and clipboard or input it manually into their digital system. While these traditional methods are easy, they unfortunately introduce the risk of human error. These minor errors cost nearly $262 billion annually in insurance denials or around $30 to $71 for every claim.

However technological innovation has brought about a solution. Insurance benefit verification automation allows the scan, verification, and validation of payer and plan type within seconds. However, acquiring one can be quite difficult. Providers can attempt to design their own for a hefty cost or partner with an insurance card capture company which may not fit your business.

Fortunately, companies like Orbit allow for the perfect blend of both options. They provide these card capture systems that will give you the benefits your business needs. By being trained on over 20,000 plans, they can find and verify payer and plan data with a 98.5% accuracy rate, all within seconds. This goes for printed ID cards, digital wallets, screenshots, and many other documents. Between the lightning-fast plan verification and automated processes, Orbit will help you cut the amount of denied insurance claims for your business.

Build vs Buy - Orbit Healthcare - Insurance Benefit Verification Automation
Source: Orbit Healthcare