How HealthEdge HealthRules® Payer Helped Medica Transform Claims Operations through Strategic Automation
Faced with growing administrative and medical cost pressures, Medica needed a solution to streamline its claims processing and improve efficiency across its operations.
Medica faced increasing administrative costs and rising utilization, prompting the need for a solution to streamline claims processing and improve operational efficiency. By implementing HealthEdge’s HealthRules® Payer, Medica launched a strategic claims processing automation initiative that delivered impactful results.
Using a value stream model, Medica fostered cross-functional collaboration across product, network, IT, legal, and compliance teams. This holistic strategy ensured automation addressed immediate challenges without causing downstream inefficiencies. HealthRules Payer provided a scalable platform to automate key workflows while maintaining accuracy and regulatory compliance.
Key Results and Performance Highlights:
Medica achieved impressive results through the deployment of claims processing automation and HealthRules Payer:
- 800% increase in claims processed via automation in 2022.
- $3.5 million saved in administrative costs through robotics and configuration automation.
- 94% auto-adjudication rate, with over 87% of claims processed directly in HealthRules Payer.
- 99.5% accuracy in claims processing, minimizing errors and rework.
- 99.5% of claims processed within 30 days, with 98% paid within 10 days, strengthening provider relationships.
- 98% configuration accuracy, enabling rapid adjustments to regulatory changes without disruptions.
By focusing on timely payments and accuracy, Medica has set a new benchmark for efficiency. The integration of HealthRules Payer has reduced costs, improved provider relations, and positioned the organization for sustainable success in the evolving healthcare landscape.
