Proven Optical Character Recognition (OCR) Technology Now Available from RevSpring for Efficient and Accurate Forms Completion
"Providing OCR to improve accuracy and ease of use is just the latest example of
Healthcare information errors are a leading cause of insurance claim denials. A major study in 2022 found that missing or invalid claim data was second only to registration eligibility issues for causing claim denials. Thousands of dollars in lost healthcare revenue are attributed to insurance denials, with some industry experts estimating that up to 65% of denials are never resolved due to a lack of staff time to work on the denied claims.
Sample use cases with
-
Patients upload a driver's license as part of their appointment check-in process. Data that can be pulled from a driver's license image includes name, date of birth, home address, and driver's license number. Using OCR from
RevSpring eliminates the need for patients to manually enter that information on the check-in form or any subsequent forms. - Patients upload an insurance card, which gives healthcare providers an image of the document. The OCR technology can pull information, such as the subscriber name, identification and group ID numbers, co-pay amounts and insurance company information, into discreet field level data.
RevSpring also offers a separate solution to verify that information is up-to-date and subscribers are still eligible for coverage.
Leveraging
About
Read the full story at https://www.prweb.com/releases/proven_optical_character_recognition_ocr_technology_now_available_from_revspring_for_efficient_and_accurate_forms_completion/prweb18767996.htm



Norman Heinrich Appointed CEO of Tokio Marine Highland
New Drivers' Car Insurance Market May See a Big Move : Allianz, AIG, Metlife, AXA: New Drivers' Car Insurance Market 2022
Advisor News
- Why federal retirement benefits are more complex than advisors realize
- Why timing the market is still a retirement mistake and what to do instead
- Business owners may be overlooking a key part of their financial picture
- How smart investments prepare clients for inflation
- Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
More Advisor NewsAnnuity News
- Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
More Annuity NewsHealth/Employee Benefits News
- New Geriatrics and Gerontology Findings Reported from University of Pennsylvania (Health insurance, healthcare access, and their roles in the association between blood lead levels and epigenetic aging in United States adults): Aging Research – Geriatrics and Gerontology
- Investigators at Avalere Health Report New Data on Atopic Dermatitis (Tralokinumab as a cost-saving treatment option for adults and adolescents with moderate-to-severe atopic dermatitis enrolled in US health insurance plans: a budget impact …): Skin Diseases and Conditions – Atopic Dermatitis
- NATIONAL BRIEFS
NATIONAL BRIEFS
- Senate sends revenue-raising package taxing software, health plans to Newsom
- Spotlight on Climate: The good news is that you're alive
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Everlake Life Group Members
- Industry experts warn NAIC: Fix flawed IUL illustrations now
- InsuranceAUM.com Celebrates a Historic 5th Annual Insurance Investment Executives’ Meeting in Chicago, Honoring Outstanding Industry Leaders and Spotlighting Next Event in Austin
- Pacific Life Launches Income Horizon™ Collective Investment Trust Series, Transforming Lifetime Income into an Asset Class
- AM Best Affirms Credit Ratings of Hyundai Marine & Fire Insurance Co., Ltd.
More Life Insurance News