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Expand Health Plan Product and Service Offerings with Advanced Healthcare CAPS

Health plans face continual pressures to modernize their services and provide personalized offerings to broader member populations—without breaking the budget. For 36% of health plan leaders, “business growth & competitive pressures” are among the most significant challenges facing their organizations. Staying competitive requires investment in new and existing technologies that can scale with your organization to meet industry demands without overextending your health plan’s resources.

Integrated Core Administrative Processing Systems (CAPS) can help expand health plan product and service offerings by helping facilitate data sharing and reduce manual intervention. In this blog, we identify the key CAPS capabilities that can give your health plan a competitive edge in meeting growing industry demands.

Expansion: Key health plan priorities

In our Annual Payer Market Planning Report 2025 from HealthEdge®, health plan leaders reported focusing on three key areas for expansion: 

1. Enhancing existing products and services (62%)

2. Digital transformation and technology upgrades (49%)

3. New product lines and service expansions (47%)

These priorities demonstrate payers’ commitment to developing and supplementing their current resources, instead of replacing them with new solutions. Enhancements are also likely to center around interoperability and integration capabilities that allow health plans to streamline their vendor relationships and better leverage key data.

Effective interoperability leads to seamless data sharing across systems, which helps reduce errors, improve internal collaboration, and encourage scalability. By reinvesting in an integrated CAPS, health plans can access the proprietary data and insights they need to develop solutions and offerings that stand out in the market.

Benefits of an Integrated Core Administrative Processing System (CAPS)

Healthcare CAPS are the backbone of many payer IT systems. By centralizing and automating administrative processes, modern integrated CAPS can provide an invaluable framework for achieving operational transformation.

According to one recent report , 50% of payers plan to invest in CAPS solutions by 2025 to stay ahead of future challenges. This trend is indicative of the growing reliance on interoperable healthcare solutions to continue scaling business operations.

A modern CAPS helps streamline and accelerate health plan workflows by automating key administrative tasks. These solutions also help reduce manual errors and ensure compliance, allowing staff to focus on more strategic priorities—like expanding service offerings. Plus, an integrated CAPS gives health plans more control over their data and processes, helping reduce reliance on third-party vendors and making it easier to leverage key insights.

Gain a competitive edge with advanced healthcare CAPS

Modern CAPS solutions offer a strategic advantage for health plans by enabling digital transformation and technology modernization. By prioritizing these advancements, payers can unlock a multitude of opportunities and benefits.

Enhanced Member Experiences

Health plan members increasingly prefer digital experiences and interactions over traditional channels like phone calls. By adopting integrated digital tools, health plans can deliver personalized interactions that meet members’ unique needs and improve the member experience.

Improved Data Security

Modernizing health plan technologies can help reduce data security risks by adopting the latest data privacy and security protocols. Integrated solutions also facilitate fast, secure data sharing, which helps limit sensitive data access to authorized parties.

Vendor Consolidation

Consolidating vendor solutions can help health plans achieve several goals. It fosters enterprise alignment and transparency by knocking down internal data siloes and reducing barriers to data sharing. Consolidation also helps control costs by minimizing the number of contracts and negotiations.

Scalability and Adaptability

Modern CAPS solutions can scale more easily than legacy solutions to meet evolving industry demands. These platforms provide an intuitive user experience and often allow for more widespread integration opportunities than legacy systems.

Enhance operational efficiency with HealthEdge CAPS

Next-generation CAPS solutions, like HealthRules® Payer from HealthEdge, come equipped with ecosystem-enabled features that improve performance while supporting accuracy and compliance. Integrated with HealthEdge Source™, the solution will automatically update Centers from Medicare and Medicaid Service (CMS) fee schedules every two weeks—so payers don’t have to manually research critical guidelines.

One health plan that adopted HealthRules Payer and Source significantly improved auto-adjudication rates and operational efficiency. The transition positioned them to expand their product offerings and better serve members. To learn more, read the full case study.

Health plans today face unprecedented demands, but they also have unparalleled opportunities to grow and thrive. By investing in innovative technologies, businesses can enhance operational efficiency, better serve members, and maintain a competitive advantage in a dynamic market.

Is your health plan ready to lead the charge toward a more efficient future? Don’t wait—download the HealthEdge Annual Payer Market Planning Report 2025 to learn how top health plan leaders are transforming their strategies to meet the demands of tomorrow. It’s time to take the next step in optimizing your health plan’s process.

 

About the Author

Diana Nguyen is an experienced Product Marketing Manager at HealthEdge, based in Denver, Colorado. With over 2 years at HealthEdge, Diana has held various roles, including Market Research Marketing Manager, Partner & Services Marketing Manager, and Channel Marketing Manager. She currently focuses on driving market awareness and adoption of HealthEdge Source™, the industry-leading payment integrity solution that empowers payers to optimize claims accuracy, minimize errors, and maximize cost savings.

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