Harness the Power of AI to Overcome the MRF Data Challenge in Transparency in Coverage

Ever since the Centers for Medicare and Medicaid Services (CMS) brought in the ‘Transparency in Coverage’ (TIC) regulation on July 1, 2022, a huge volume of transparency data has been churned out by healthcare payers every month as large Machine-readable Files (MRFs). This has led to one of the biggest challenges in the US healthcare landscape – the struggle to handle the sheer volume and complexity of MRFs.
To navigate the intricacies of the TIC regulation, technology once again emerges as a potent solution. Advanced AI-powered analytics solutions are empowering organizations in healthcare to efficiently leverage the TIC data for valuable insights and informed decision-making.
Do you also want to streamline the data-related processes in your organization to meet the transparency expectations of your stakeholders? We can help you.
Equipped with extensive knowledge of the healthcare industry and expertise in leveraging new-age technologies to resolve modern-day business challenges, we build solutions that are reliable, performance-efficient, and secure.
We help you modernize your legacy data systems so that you can readily embrace sophisticated AI technologies and thrive in this dynamic healthcare industry.
Our customer success stories include a Healthcare Tech company that struggled to empower its clients to meet their TIC goals. Our team of experts built a cutting-edge analytics solution that simplified the process of reading and analyzing the vast Machine-readable Files of TIC data. This transformed patient experiences, enhanced workflow efficiencies, and opened doors to several new data-driven business ideas and opportunities, potentially generating new revenue streams.
Here are a few ways in which the AI solution created value for Healthcare Tech company’s users:
  • Helped in data visualization for trend analysis and forecasting
  • Delivered intelligent recommendations for the best plan negotiation rates
  • Indicated best providers for specific services
  • Provided cost transparency
  • Identified in-network providers
  • Rated hospitals for compliance​
  • Allowed Q&A
Talk to us to learn more about how you can also drive data transformation within your organization through the strategic application of AI and analytics. Find the right solution to address the specific challenges and unique needs of your business and build a resilient business framework.
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