LAKE
FOREST, Ill., July 10,
2024 /PRNewswire/ -- Transworld Systems Inc.
(TSI), the leading technology enabled healthcare revenue recovery
and outsourcing provider in the United
States, announced today the launch of its state-of-the-art
AI-powered denial management solution PULSE. By using proprietary
intelligent document processing, robotic process automation and
custom content generative AI, PULSE streamlines denial analysis and
appeal creation, improving overturn percentages and increasing
revenue recovery.
In a case study, PULSE enabled TSI's healthcare clients to
improve the denial overturn rate to 86% while experiencing a 43%
increase in payment per appeal and a 50% reduction in time to
appeal.
"By leveraging the AI-powered PULSE solution, TSI helps our
healthcare clients recover more money by working both high and low
balance claims that were previously deemed uneconomic," said
Joseph Laughlin, TSI's Chief
Executive Officer. "Healthcare providers are facing growing
challenges in digital transformation of the revenue cycle, and
PULSE's state of the art technology will allow them to spend less
time in realizing more recoveries."
"At TSI, we specialize in integrating advanced AI and automation
solutions to address our customer's diverse needs," said
Angela Armstrong, Executive Vice
President & General Manager of TSI Healthcare. "Helping
healthcare providers optimize their revenue cycle and enhance their
financial performance is our number one priority."
PULSE is available to TSI customers utilizing its denial
management or complex claim services. To learn more about PULSE and
how partnering with TSI can help with your healthcare revenue cycle
needs, please contact Angela.Armstrong@tsico.com.
About Transworld Systems Inc.
TSI is the leading technology-enabled revenue recovery
outsourcing provider in the United
States and Canada. The company's solutions include
collections, healthcare recovery, customer care and back-office
outsourcing. Additionally, TSI owns UAS, the leading
technology-enabled loan servicer for private student loans and
personal loans. Its clients include Fortune 100 corporations,
financial institutions, healthcare providers, government agencies,
property management and small and medium-sized businesses.
https://www.tsico.com/
Media Contact:
Laura Witter
Laura.Witter@tsico.com
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SOURCE Transworld Systems Inc. (TSI)