2021 will put unprecedented financial pressure on health plans. Plans will need to quickly determine how to lower their medical spend and medical loss ratio (MLR). This challenge will intensify with the projected spike in COVID-19 cases. Regional plans will struggle to make their margins and will be increasingly vulnerable to divestment or acquisition.
More than ever, healthcare payers need non-abrasive solutions that can help them quickly identify and reduce medical overspending. Effective identification of other healthcare coverage and other strategic savings initiatives will make a pivotal difference.
Conduent, partnered with a data matching industry leader, impacts this challenge with the industry’s first automated coverage that drastically reduces incorrect paid claims while improving member satisfaction.
Please join the conversation on December 10, 2020 to discuss the next leap in financial and automation intelligence.