Managing medical claims poses significant challenges for self-insured employers, as they face financial exposure from inaccuracies in billing, with over $300 billion lost annually due to medical overbilling.
Bluespine's AI-powered claims cost optimization platform uniquely audits every claim submission, integrating diverse documents and guidelines to ensure accuracy and discover potential overbilling issues.
With an estimated 80% of medical bills containing errors, Bluespine addresses these inaccuracies, applying advanced fraud detection methods developed by a team of cybersecurity veterans.
The company's contingency-based fee structure aligns its success with that of its clients, as its compensation depends directly on the recovery of overbilled funds.
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