CLARA Intensifies Focus on Actionable Claims Document Intelligence
2024年7月31日 - 10:30PM
ビジネスワイヤ(英語)
Claims Document Intelligence Pro Optimizes
Adjuster Effectiveness With Valuable Risk Insights
Today, CLARA Analytics (“CLARA”), a leading provider of
artificial intelligence (AI) technology for insurance claims
optimization, launched Claims Document Intelligence Pro, a major
milestone in the evolution of its transformative insurance claims
AI platform. The introduction of Claims DocIntel Pro (formerly
CLARA Optics) marks groundbreaking advances with its deeper
contextual analysis of legal demands and medical records. CLARA’s
cutting-edge innovation combines best-in-class GenAI with
proprietary AI tools that identify salient details, assess the risk
of escalation, and offer actionable recommendations to claims
managers.
“Claims DocIntel Pro is a game-changer because it’s designed and
built by casualty insurance industry veterans. It’s specifically
aimed at helping professional claims adjusters to be more efficient
and more effective,” said Heather H. Wilson, CEO of CLARA
Analytics. “Claims DocIntel Pro identifies bad faith doctrines,
time-sensitive conditions, and key medical issues. It even
generates summaries, treatment timelines, and alerts to guide
adjusters on the next best actions.”
Wilson continued, “For example, when an adjuster is dealing with
conditions like whiplash or cervicalgia, it provides guidelines and
key points to consider, ensuring that negotiations and settlements
are grounded in real facts and fair value assessments.”
CLARA’s Claims DocIntel Pro has been designed from the ground up
to address the specific challenges associated with claims
management. In a market where generalist competitors typically rely
on users to generate prompts, Claims DocIntel Pro stands out by
offering a preconfigured experience and deep contextual insights,
with no training required. It proactively offers actionable,
data-driven recommendations from documents that enable high-value
claim interventions, saving time and preventing losses from
escalating.
One of CLARA’s distinguishing advantages is its large
contributory database of closed claims, which draws from the
experience of multiple carriers to develop a deep contextual
understanding of medical and legal risk. By tapping into a vast
history of prior cases, the company empowers claims management
teams with deep cognition that recognizes patterns, pinpoints
hidden risk factors, assesses potential outcomes, and delivers
actionable recommendations. The product delves deeply into medical
and claims contexts, identifying treatment patterns, omissions by
plaintiff attorneys, and critical language like maximum medical
improvement (MMI) and return to work (RTW).
Claims DocIntel Pro offers advanced claims intelligence out of
the box, with no learning curve or customization needed. New
customers can begin seeing benefits in a matter of weeks. CLARA
Analytics plans to extend the product even further in early 2025,
with integrated attorney and provider scoring, treatment pricing
insights, overbilling detection, expanded fraud indicators, and
more.
“CLARA has a track record of consistently delivering meaningful
ROI for our clients,” added Wilson. “Our CLARAty.ai platform is
purpose-built to transform the way claims management teams work. We
deliver game-changing results because everything we do is
laser-focused on improving claims management outcomes. We’re
excited about this major step forward in the evolution of our
product.”
About CLARA Analytics
CLARA Analytics is the leading AI as a service (AIaaS) provider
that improves casualty claims outcomes for insurance carriers,
MGAs, reinsurers, and self-insured organizations. The company’s
platform applies image recognition, natural language processing,
and other AI-based techniques to unlock insights from medical
notes, legal demand packages, bills and other documents surrounding
a claim. CLARA’s predictive insight gives claim professionals
augmented intelligence that helps them reduce claim costs and
optimize outcomes for the carrier, customer and claimant. CLARA’s
customers include companies from the top 25 global insurance
carriers to large third-party administrators and self-insured
organizations. Founded in 2017, CLARA Analytics is headquartered in
California’s Silicon Valley. For more information, visit
www.claraanalytics.com, and follow the company on LinkedIn and
@CLARAAnalytics.
All brand names and solution names are trademarks or registered
trademarks of their respective companies.
Tags: CLARA Analytics, CLARAty.ai, Claims Document Intelligence
Pro, Claims DocIntel Pro, CLARA Optics, workers compensation,
workers comp, insurtech, claims optimization, claims adjusters,
claims managers, artificial intelligence, AI, generative AI, GenAI,
machine learning, claims, claims management, insurance fraud,
predictive analytics
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version on businesswire.com: https://www.businesswire.com/news/home/20240731214636/en/
Media Contact:
Dottie O’Rourke TECHMarket Communications for CLARA Analytics
650-344-1260 CLARAanalytics@techmarket.com