HealthRules Payer Case Study with Presbyterian
HealthEdge had the opportunity to sit down with Presbyterian Health Plan leadership to learn more about why their organization decided to make the switch to HealthRules Payer as it's CAPS partner.
Presbyterian Health Plan's Transformation with HealthRules® Payer
Presbyterian Health Plan, a pivotal healthcare provider covering over 725,000 lives across New Mexico, faced the challenge of managing the complexities of processing more than 9 million claims annually amid rapid expansion. The organization sought a more flexible Core Administrative Processing System (CAPS) to automate claims operations effectively and enhance claims accuracy while remaining responsive to changing market opportunities and competitive demands.
Key Drivers for Change:
- Rapid Business Expansion: The existing system was insufficient to support growing needs and required a shift to a more adaptable system.
- Enhanced Efficiency: A need for a configurable CAPS capable of handling all lines of business and supporting greater efficiencies in claims operations.
Migration to HealthRules® Payer:
- Successful Transition: The phased implementation approach allowed Presbyterian to gradually adapt to HealthRules® Payer, ensuring a smooth transition with guidance from HealthEdge experts.
- Business Transformation: Beyond software implementation, the shift was seen as a comprehensive business transformation, aligning processes with HealthRules® Payer's optimized operations.
Achieving Strategic Objectives:
- Cost Savings and Improved Access: HealthRules® Payer significantly contributed to cost savings, better access to care, and timely, accurate payments.
- Flexible Configuration: The ease of configuring benefit plans and introducing new packages ensured faster market readiness and improved regulatory compliance.
Notable Success Metrics (as of May 2023):
- Auto-Adjudication Rates: Improved by up to 25% across all product lines.
- Staff Productivity: Increased by up to 30%, measured by the number of claims processed per hour.
- Contract Benefits Configuration Efficiency: Improved by 40%.
- First-Call Resolution Rate: Greater than 90%.
- Claims Turnaround Time: Reduced to under 5 days.
Strong Partnership with HealthEdge:
- Collaborative Relationship: HealthEdge's openness to Presbyterian's input on the product roadmap and willingness to work on complex contracts fostered a strong, ongoing partnership.
- Adaptability during COVID-19: Quick adaptation to regulatory changes using HealthRules® Payer configuration tools demonstrated the system's flexibility and responsiveness.
Future Goals and Digital Transformation:
- System Flexibility: The ability to reconfigure the system without custom code allows Presbyterian to focus on optimization and efficiency.
- Data-Driven Decisions: Transitioning to a digital health plan emphasizes data sharing and informed decision-making.
Advice for Transitioning to a New CAPS:
- Comprehensive Approach: Ensure involvement from all business areas and maintain a collaborative partnership between IT, business, and product experts.
- Openness to Change: Be prepared for process changes and start with smaller business lines to gradually adjust to new systems.
Learn More: To discover how HealthRules® Payer can transform your organization's operations and achieve similar success, contact your HealthEdge representative or visit HealthEdge website.