InsurTech Solutions for Claims Management

Care Bridge Demo, Dig|In 2019

Founded:

2015

Company Website:

www.carebridgeinc.com

Product Name:

Analytic-Powered Outcomes® Medical Reserve, Medicare Set Aside and Dashboard Analytics

Product Description:

Care Bridge International hosts the largest independent database of Property and Casualty Claims in the industry. The Company is setting a new standard in forecasting medical treatment and costs for claims using artificial intelligence (AI) to automate medical valuations for medical reserve setting, Medicare Set Asides, litigation and Care Coordination. The company’s robust dashboard analytics offers risk protection and transparency for medical claim decision making.

Target Market:

Claims and Risk Managers responsible for accurate medical valuations, claim settlements and Medicare Secondary Compliance related responsibilities.

What is your best success story?

When handling a complex set of legacy claims, we were able to look at the specific data and recognize patterns that were not transparent to the carrier, as it pertained to the nature of high costs associated with the claims. We were able to identify specific treatment patterns that enabled the carrier to take efficient action in reducing medical costs to save significant expenditure, while providing a quality level of care to the injured parties.

What makes your product great?

The company is setting a new standard in forecasting medical treatment and costs for claims using big data analytics and AI technology-based solutions in minutes instead of weeks or months, delivering more accurate forecasts and dashboard transparency to improve claim and operational outcomes.