Whether the claims involve standardized CMS 1500 forms and supplemental data, workers compensation data, claims litigation, or plan contracts, Parascript has the automation platform to accelerate and control costly and error prone workflows. Using a combination of machine learning techniques including natural language processing, intake of claims-related documents is automated at high levels. Documents are easily identified and separated allowing for subsequent analysis and parsing of key data required to verify and process claims-related requests. Even information trapped in unstructured correspondence or court filings is handled automatically. And to aid with automation of plan administration and claims adjudication, contracts and plan summaries are analyzed and key data required to administer claims is converted to structured data ready for insertion into claims processing engines.
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