teamthink Envoy - Insurance QA Labor Savings Calculator
How much time could you be saving on your claims audits?
One overlooked aspect of managing an insurance QA program is the time and effort it takes to manage regular audits. This includes gathering data from your claims management system, choosing the audit criteria, finding specific/random files, distributing files to auditors, monitoring progress, and analyzing results. teamthink Envoy automates these steps, passing on significant labor savings every month.
Calculate your Labor Savings with teamthink Envoy
For the purposes of this labor savings calculator, we made the following assumptions: a single audit includes time to upload and/or create and assign reviews in your current QA tool, to conduct 20 reviews and to create, run and analyze 10 reports.
This calculator illustrates the labor time savings gained when you automate your existing manual QA process by switching to teamthink Envoy. The automation features in Envoy could help your team reduce audit times by 2/3. Individual results may depend on your existing processes.