The department is planning to broaden its machine learning-powered Automated Decision Support tool to cover more types of claims.

Forbes contributors publish independent expert analyses and insights. I delve into the intricate workings of artificial intelligence. When an individual files a medical insurance claim, they expect ...

Despite claims processing being at the heart of the what insurers do, there is no standard format, legacy systems abound and some claims still arrive by mail. Yet, up to to 80 percent of all premiums ...

The growth of the Claims Processing Software Market is primarily driven by the rapid digital transformation across the insurance and healthcare sectors. Increasing claim volumes, rising fraud risks, ...

Veterans looking to receive compensation for service-connected disabilities can now use a self-service online tool developed by the U.S. Digital Service team at the Department of Veterans Affairs. The ...

Medical service providers are responsible for billing insurance companies for their patients’ services and procedures. To do so, they must file medical claims as part of the medical billing process.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Insurance has evolved to provide a ...

The IRS will take several aggressive steps against fraudulent claims for the employee retention credit (ERC), including an immediate moratorium on the processing of new ERC claims; allowing taxpayers ...