Claims hyperautomation

Insurers in P&C and health tend to receive thousands of claims documents per month as images. These documents are mostly (~70-80% of the time) processed manually. We achieve 85+% Straight Through Processing (i.e. end-to-end automation without human involvement)

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End-to-end claims automation

Our claims hyperautomation technology classifies documents, extracts individual spending items, matches them to the categories in your policies and identifies fraudulent claims. Finally, data is pushed to the next system of record so payments can be processed and explanations or additional documents can be requested without human involvement in most cases.

Reduced out-payments

Audits identified 90% error rate in doctor office visit billing. Avoid excessive payments by ensuring detailed review of all claims.

Reduced operational expenses

Most insurers are manually processing claims documents. Hypatos technology automatically processes most claims.

Easy to integrate

Via well documented REST APIs. No need to make any changes to your core systems.

Constantly improving

Models improve as users process documents and correct mistakes

Feature comparison

Other Companies
Hypatos
Graphical User interface (no code) to deal with complex cases
Document classification
Data extraction from all relevant documents
Automated fraud identification
Matching spending to categories in policies to check for compliance (e.g. adherence to maximum allowed spending levels)
Fast integration via APIs

Claims hyperautomation is here

If most of the claims that you receive are not being processed end-to-end by machines, then it is time to free humans from machine work. Let’s talk

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