Health Insurance
Shifts empowers health insurers to deliver excellent patient care whilst protecting against errors, fraudulent activity and waste and abuse through healthcare-trained AI.
Staying ahead calls for an evolved approach
Invoice errors, payment dupliation and fraud, waste and abuse costs UK health insurers billions of pounds every year and can negatively impact the care of genuine patients. With a huge backlog of investigations, pressure to pay on time, lengthy manual processes, lack of insights and prioritisation, health insurers need to evolve their approach to meet the growing demand for private health insurance and care.
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Shift brings AI accross the health insurance claim lifecycle
Helping health insurers deliver a streamlined claims process across member and provider interactions, billing and payments, with the unparalleled support of our cutting-edge AI solutions.
Claims Document Decisions
Analyse structured and unstructured data in documents, illuminating inconsistencies and suspicions.
Financial Crime Detection
Support AML, KYC, and related risk management and compliance processes.
Fraud, Waste, & Abuse Detection
Generative AI validation of claims and supporting documentation.
Other Shift health products
Fraud, Waste, & Abuse Detection
Real time scenarios flagging potential FWA ahead of member or invoice payment.
Other Shift health products
Fraud, Waste, & Abuse Detection
Hundreds of health trained scenarios for flagging potential FWA across health lines.
Subrogation Detection
Insurance trained AI, illuminating recovery options and third party payment errors that are commonly missed with manual checks.
Other Shift health products
Fraud, Waste, & Abuse Detection
Full alert context with supporting materials including external data, claims history and documents.
Financial Crime Detection
Support AML, KYC, and related risk management and compliance processes.
Subrogation Detection
Insurance trained AI, illuminating recovery options and third party payment errors that are commonly missed with manual checks.
Other Shift health products
Fraud, Waste, & Abuse Detection
Workflow for rapid case management, audit trails and comprehensive reporting.
Other Shift health products
Time to shift away from the traditional FWA approach
Overwhelmed NHS services and post COVID queues have driven nearly a quarter of the UK popoulation to seek alternative care from the private system and with it an incerase in the number of fraudsters. Whilst this growth in demand is an oppourtunity for health insurers, it has highlighted that exisiting investigation and audit teams, that were already stretched, need to find a way of ramping up without breaking the budget.
Learn how Shift AI can help you automate and optimise critical decisions