Invidasys, a software firm that develops component applications for health insurance plans, has released its VIDAFlow Workflow Management system. VIDAFlow is designed to coordinate the stream of information and synchronize the data between system components.
As a result of the Affordable Care Act and specific reporting requirements of the Center for Medicaid & Medicare Services, insurance plans require tools to comply with the submission of encounter-data, manage eligibility requirements and track provider information. The Invidasys software applications can improve a health insurance plan’s administrative efficiency.
Invidasys can integrate VIDASuite components, including VIDAFlow, with most health plan legacy core administration systems. VIDAFlow offers an alternative to the “rip and replace” method associated with mitigating compliance and reporting issues unique to health care administration providers.
Health insurance plan administrators demand sophisticated applications to comply with the continual changes in healthcare administration, said Invidasys. VIDAFlow reduces both the time needed to complete operations and the potential for human error in health plan administration, the company added.
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