Automated Itemized Bill Reviews
CAVO® Itemized Bill Reviews intakes itemized bills and auto-extracts data to increase review productivity by at least 5x. Pairing IB Reviews with Predict enhances the review process even further by supporting your review team with IB-specific machine learning algorithms.
CAVO IB Reviews turns the manual, laborious process of reviewing itemized bills into one that can be completed quickly and efficiently. CAVO uses OCR to read thousands of IB formats and standardize their data, enabling review teams to sort and filter, make line adjustments, create auto-generated provider reports, and more, all on one screen. Streamlining the IB review process with CAVO results in review productivity lifts of five to fifty times greater than the process without, saving both time and money.
- Cost savings on incremental reviews
- Reallocate data entry resources to higher value activities
- Increase productivity of current provider bill review team
- Dramatic decline in time per review enables increase (or implementation) of pre-pay reviews
- Negate the need for itemized bill transcription
- Replace manual page-by-page review with online hospital bill search
What is Predict?
CAVO IB Predict uses Natural Language Processing (NLP) technology to review and recommend prioritization of denied line item charges before the reviewer even looks at a claim. Reviewers can view the detailed reasons for flagged line item charges, and within the same view, easily accept or reject each recommendation. CAVO IB Predict utilizes these decisions to continuously enhance the machine learning model with customized rules that you can manage directly within the application.
The engine is prebuilt with industry edits including MUE, PTP, routine non-covered supplies, POC services, and non-payable benefits. Using IB Predict with CAVO takes your itemized bill review process to the next level with even greater efficiencies and higher productivity.
Benefits of IB Predict
Positively Impact Financials
- Catalyst to pre-pay reviews
- Expand savings
Increase Staff Productivity
- Move to validation instead of determination
- Increase consistency in review processes + outputs
Continually Refine ML Model
- Move toward automation
What Makes Advent Different?
Advent Health Partners delivers a one-vendor solution that brings together data science expertise, review-specific technology, and most notably, claims review expertise to assist you with your itemized bill review process. Utilizing API hooks, the IB Predict model incorporates AHA, AMA, and CMS guidelines in addition to Health Plan specific guidelines.
Advent’s expertise and experience in the space lead to an initial model tailored to specific trends in the data from the start, a model that is then continually refined to eliminate noise and deliver the most optimal results for your plan as possible.
Visit our Knowledge Center for the latest articles, videos, news and upcoming events.
Looking to uncover the challenges and identify the gaps within your business?
Please submit the form below to book a meeting with an Advent Health Partners expert.