Global Health Insurance and Services Company Streamlines Claims Processing with Kofax Mobile Capture Platform
May 06 2015 - 8:00AM
Business Wire
Software Will Accelerate Approval Process for
Insureds and Insurer
Kofax® Limited (NASDAQ: KFX), a leading provider of smart
process applications to simplify and transform the First Mile™ of
customer engagement, today announced that a leading global health
insurance and services company will deploy Kofax Mobile Capture™
Platform to enable insureds to submit medical claims via mobile
devices. The solution is expected to streamline the claim
submission and approval process for both insureds and the insurer,
transforming a historically time consuming, error prone process
into one that is quicker, easier and more accurate.
The company is a major provider of employer offered medical and
dental insurance. Its mobile initiative will allow insureds to
connect with the insurer whenever, wherever and however they
prefer. Kofax Mobile Capture Platform will enable insureds to
simply take pictures of healthcare provider invoices and supporting
documents using the camera in their mobile device, and submit them
directly into the insurer’s claims processing system.
“Today’s insurance customers expect frictionless transactions.
This insurer understands that enabling an insured to manually enter
information is not enough. To be really useful, a mobile app must
allow the user to easily act,” said Drew Hyatt, Senior Vice
President of Mobile Applications at Kofax. “Our mobile solutions
enable that ease of use, empowering companies and their customers
to use mobile devices to speed claims processing and resolution,
thus reducing the cost of service while improving the customer
experience.”
Kofax Mobile Capture Platform enables organizations to create
dynamic mobile applications that integrate capture and process
management capabilities to streamline information intensive
customer interactions and extend self-service capabilities. It
turns mobile devices into information capture devices that deliver
more engaging applications that "meet customers where they are" in
the anywhere, anytime manner they increasingly prefer.
This sale closed in the fourth quarter of Kofax's fiscal year
2015 and totaled $180,000 in software license and maintenance
services revenues.
About Kofax
Kofax is a leading provider of smart process applications to
simplify and transform the First Mile of customer engagement.
Success in the First Mile can dramatically improve the customer
experience, greatly reduce operating costs and increase
competitiveness, growth and profitability. Kofax software and
solutions provide a rapid return on investment to more than 20,000
customers in financial services, insurance, government, healthcare,
supply chain, business process outsourcing and other markets. Kofax
delivers these through its direct sales and service organization,
and a global network of more than 800 authorized partners in more
than 75 countries throughout the Americas, EMEA and Asia Pacific.
For more information, visit kofax.com.
© 2015 Kofax Limited. Kofax is a registered trademark and First
Mile and Kofax Mobile Capture Platform are trademarks of Kofax
Limited.
Source: Kofax
Media Contact:KofaxLaura BrandlinDirector,
Communications+1 (949)
783-1545laura.brandlin@kofax.comorInvestor Contacts:MKR
Group Inc.Todd Kehrli+1 (323) 468-2300kfx@mkr-group.com
KOFAX LTD (NASDAQ:KFX)
Historical Stock Chart
From Jun 2024 to Jul 2024
KOFAX LTD (NASDAQ:KFX)
Historical Stock Chart
From Jul 2023 to Jul 2024