Industry & Economy
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Medical Institutions & Hospitals
Sagar Apollo unveils online insurance billing
Our Bureau
Bangalore
,
Sept. 29
THE 250-bed Sagar Apollo Hospital has become the first hospital in the country to adopt electronic processing of insurance claims.
The city-based multi-disciplinary super speciality hospital said it has introduced the online system to enable speedy and cashless transactions related to insurance billing with TTK Healthcare Services, a licensed third party administrator (TPA).
With the system in place, the TPA will clear the bill for all documentation eligibility on discharge of the patient. Besides easing the exchange of information with the TPA, the online processing system will accelerate the payment time.
In a win-all scene for the hospital, the TPA and the patients, it will mean tracking the payer's specific requirements, significant reduction of the percentage of rejections; and accelerated turnaround time of payment. According to Dr Madan Gaekwad, VP, Sagar Apollo Hospital, there is already tremendous positive response to the days-old system. The system has been developed and implemented by the business service provider, Cerise Information Technologies (P) Ltd in collaboration with MedSys e-Solutions FZ LLC, Dubai, using the latest Microsoft platform.
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