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i3claim

by Intelligent Industrial Internet Systems · Since 2016
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ActiveAvailable globallyCloudOn-premise
Quick facts
VendorIntelligent Industrial Internet Systems
Year launched2016
StatusActive
LocationHead Quarters 601, ATL corporate Park, Saki Vihar Road, Opp. Sanofi, Powai, Mumbai, Maharashtra 400072, INDIA
Countries servedGlobal
Languages4
Integrations
Free tier
Free trial
Contact salesYES

About i3claim

I3claim is a claims processing software from Intelligent Industrial Internet Systems that supports faster and smarter claims processing with less manual effort. It combines automated processing intelligence, support for million claims, and robotic process automation (RPA) so users can handle claims more efficiently. This exclusive tech stack uses intelligent document processing (IDP) to further minimize manual input and increase accuracy in claim management. i3claim is designed for organizations that require high-volume claim processing while maintaining operational efficiency. Key capabilities: automated processing intelligence robotic process automation intelligent document processing support for million claims reduced manual effort Best for: claims management teams that need efficient processing of high volumes of claims.

I3claim by Intelligent Industrial Internet Systems is a sophisticated and highly efficient claims processing software designed to optimize the entire claims lifecycle for various organizations, including insurance companies, healthcare providers, and businesses dealing with claims management. The software's primary objective is to automate and streamline claims-related tasks, such as submission, review, adjudication, approval, and payment processing. By minimizing manual intervention, I3claim enhances operational efficiency, reduces errors, and accelerates processing times, making it an invaluable tool for organizations that require a seamless claims management solution. One of the standout aspects of I3claim is its user interface and ease of use. The software boasts an intuitive and modern design that caters to users with varying levels of technical expertise. The dashboard is visually appealing and provides real-time access to critical data, making it easy to navigate. Users benefit from interactive dashboards, customizable reports, and real-time analytics, all of which contribute to an improved user experience. Moreover, the platform offers multiple learning resources, such as video tutorials, webinars, and detailed documentation, ensuring that users can quickly familiarize themselves with its functionalities.

Pros & Cons

What users like
  • +• Provides seamless integration with existing claims processing systems
  • +• Streamlines the workflow by automating the data entry process
  • +• Ensures accuracy in claims processing by reducing human error
  • +• Generates comprehensive reports for easy tracking and monitoring of claims
  • +• Speeds up the claims processing time, leading to faster resolution for injured workers.
What users flag
  • • Limited customization options for different types of claims
  • • Steep learning curve for new users
  • • Lack of integration with other software systems
  • • Limited customer support options
  • • Some users report slow response time when submitting claims

Features

Key features

1. End-to-End Claims Automation
i3claim automates the entire claims process, from document intake to decision-making.
2. Intelligent Data Extraction and Validation
Extracts, classifies, and validates over 300 data points from claim documents.
3. Reduced Manual Effort and Costs
Lowers manual efforts and reduces operational costs by 50-80%.
4. Fast Turnaround Time
Processes claims with a short turnaround time of just 5 minutes.
5. Modules for Specific Needs
Offers specialized modules like Medical Adjudication, Tariff Management, and Billing Management.
6. Pretrained and Template Agnostic Models
Utilizes 100% pre-trained models, and is able to handle documents in any format.
7. Rule-Based Algorithms
Comprehensive rule-based algorithms for detecting unusual cases and making accurate decisions on claims.
8. Seamless Integration
Easily integrates with existing systems via API.

Additional features

1. Medical Adjudication
Extraction and conversion of clinical data to codes, Identification of severe and co-morbid conditions, Care Package validation by Clinical AI models.
2. Tariff Management
Tariff Standardization, Tariff Comparison.
3. Billing Management
Extraction and Standardization of invoice line items, Bill Head analysis.
4. Pretrained Models
100% pre-trained models, ensuring no model training is required.
5. Template Agnostic
Efficient extraction of data irrespective of format or nomenclature.
6. Rule-based Algorithms
Comprehensive rule-based algorithms to detect unusual cases and alert claim officers to approve/reject a claim.
7. New-age Dashboard
Effective management of claim submissions process via one interface.
8. Smart Case Routing & Allocation
Automated case routing to the next available adjudicator to ensure a speedy process.
9. Seamless Integration
Seamless API-based integration with legacy or third-party applications.
10. Intelligent Automation
More than 95% of data captured accurately via automation.
11. Reduced TAT
Cashless claim discharge within 30 minutes.
12. Enhanced Productivity
300% improvement in FTE (Full-Time Equivalent) productivity.
13. Accurate Identification
Accurate identification of non-payables.
14. Fraud Detection
80% reduction in financial leakages.
15. Captures significantly more data points compared to traditional methods.
16. Reduces manual data capture and human errors by more than 60%.
17. Handles non-structured data in multiple formats/nomenclatures.
18. End-to-end claims automation solution.
19. Addresses challenges of traditional claims processes (manual data capture, non-structured data, complex tariff plans, discharge authorization, payment leakages).
20. Aims to improve customer satisfaction and set service standards for insurers.
21. Provides a solution for digitizing the claims process in the face of increasing complexities and evolving consumer demands.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
4
Interface languages
15
Billing currencies

Interface languages

EnglishSpanishFrenchGerman

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇲🇽MXN🇷🇺RUB🇧🇷BRL🇰🇷KRW🇸🇪SEK🇭🇰HKD

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