INDIANAPOLIS--(BUSINESS WIRE)--Hospitals, health systems and medical practices are beginning to feel the financial impact of a cyberattack on a widely used payment processor, as proprietary Kodiak ...

CheapInsurance.com reports that by 2026, AI-driven auto insurance claims will streamline processes, enhancing efficiency and raising concerns about data privacy and algorithm fairness.

Despite claims processing being at the heart of the what insurers do, there is no standard format, legacy systems abound and some claims still arrive by mail. Yet, up to to 80 percent of all premiums ...

With rising claim denial rates posing a continuous threat to the financial stability of medical practices, the need for efficient claim processing has never been more critical. According to a poll ...

Getting into a car accident is frightening. Having to explain what happened to your auto insurance company can be even more stressful. Claim specialists spend exorbitant amounts of time and effort to ...

Secretary of Veterans Affairs Doug Collins testifies before his Senate Veterans Affairs committee confirmation hearing on Capitol Hill in Washington, DC on January 21. On Tuesday, Collins reported the ...

Veterans in Las Vegas, Nev., welcome a new VA hospital. Jessica Wilde/News21 Wood needs his service-connected disability rating to ensure that he can access the VA health care system. Combat veterans ...

Some health providers across the Tricare East Region have gone unpaid since the beginning of the year, leading them to wonder whether they can continue to treat military members or their families.

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. According to data from the National Association of ...

Health insurance startup Oscar Health said it finally has the claims processing infrastructure to provide clearer physician payments — and turn a profit, according to CNBC. The insurer has built an ...

The IRS will take several aggressive steps against fraudulent claims for the employee retention credit (ERC), including an immediate moratorium on the processing of new ERC claims; allowing taxpayers ...