Customer Background: The Loomis Company
has a goal to be recognized by its
clients as the best insurance services
company in the United States. And because
it generates more than 80% of its business
as a third-party administrator for
medical claims processing, Loomis focuses
much of its resources into providing
its customers the highest level of
speed and accuracy.
In no other field is the need for
correct information as great as in
the healthcare market. Therefore, Loomis
knows how imperative it is to ensure
maximum data accuracy for all its clients.
The Need for Speed
Achieving the highest level of data
accuracy often comes with a price.
It takes time to get everything right.
Originally, Loomis relied on a manual
data entry staff to key the data
from the incoming medical claim forms
(i.e., HCFAs and UB92s).
Medical claims were sent to Loomis
for processing, posting and storage.
Claims arrived daily in its mailroom.
They were then opened and manually
pre-sorted into one of over 400 different
insurance groups. All the claims in
their respective groups were then given
to Loomis’ data entry staff of
12 to manually enter the claim data
into the computer system in the order
they arrived. Only until all the relevant
data was entered into the system, could
claims be reviewed and paid. On average
once it arrived at Loomis, it took
three to five weeks for a claim to
be paid.
Once the data was keyed, the paper
claims were boxed and kept in a storage
room. When the room got too full, the
boxes of claims were moved offsite
for storage. If a specific claim was
needed later, an employee had to track
down the correct box, locate it on
the shelves and pull the box to get
a copy of the claim document. If the
box had already been sent offsite for
storage, a special form had to be filled
out and Loomis had to wait three weeks
for the specific box to be located
and delivered. Then a Loomis employee
still had to search through the box,
hoping the needed claim wasn’t
misfiled or lost.
With thousands of claims arriving
daily, Loomis started to look for a
solution to not only increase the turnaround
time, but also to maintain its high
data accuracy and improve customer
service levels. Also, Loomis wanted
the solution to have the ability to
do electronic document imaging. A tall
order, but not as difficult to achieve
as Loomis might have feared.
Automation is the Solution
A
consultant Loomis was working with
suggested the automated document and
data capture solution OCR
for AnyDoc® from Tampa,
Florida-based AnyDoc Software. OCR
for AnyDoc prided itself that it
could virtually eliminate the need
for manual data entry while ensuring
the highest level of data accuracy
possible.
Loomis’ system for processing
the claims is quite different now.
Today, all the claims that arrive in
the mailroom are opened and immediately
scanned without the need for any pre-sorting.
OCR for AnyDoc reads the scanned claim
and automatically captures all the
vital information off the document
and electronically stores the data
along with the scanned image of the
claim. Only if OCR for AnyDoc encounters
any questionable characters when extracting
the data off the claim, is it then
sent to an operator for verification
or correction. 25% of claims are completely
automated and require no human intervention
whatsoever.
Loomis now routinely processes claims
in 48 hours with 87% of claims being
paid within four days. That’s
a whopping 190% increase over the manual
method. By switching to an automated
system, Loomis saw a 60% leap in productivity.
And if a copy of a processed claim
is needed, an employee can instantly
retrieve a full color electronic image
of the claim right at their desktop
PC.
Benefits Beyond the Bottom
Line
In addition to productivity and accuracy
levels soaring, “Customer satisfaction
levels are through the roof,” says
Pete Gettel, Senior Business Analyst
for Loomis. “Before we were reactive.
As a result of OCR for AnyDoc now we
can be proactive.” Management
at Loomis is now able to get online
reporting of throughputs, production
levels and accuracy. Gettel continues, “We’re
no longer in emergency mode anymore
so we can take the time to see what
other services we can provide our customers
to ensure the claims are handled fully.”
Loomis is processing between 4,000
and 5,000 claims per day with less
staff than before. Gettel says, “We
only need four verifiers to do the
work that used to take 12.”
Gettel concludes, “We have been
extremely pleased with OCR for AnyDoc.
On the few occasions where our servers
have gone down, once we reboot, OCR
for AnyDoc picks up exactly where it
left off without a hitch. I’m
proud to say we’ve never lost
a document with OCR for AnyDoc.”
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