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Enterprise Content Management Solutions for Solving Health Payers Business Problems

Enterprise Content Management Solutions for Solving Health Payers Business Problems

Abstract

The United States Spends 15% of its GDP on Health Care, the highest in the world. Due to rising health care costs and lack of fundamental reforms, health insurance is inaccessible and expensive for many people. Containing rising cost and making it available and accessible to all the citizens is so important that Health Care has been at the centre of the American Presidential Election this year, the winning candidate has promised to lower health care costs by $2,500 for a typical family by investing in health information technology, prevention and care coordination.

The onus is equally on Health Care payers as on government who must run their business effectively and come out with innovative product and service offering to make sure that more and more people are able afford health insurance. Today these companies are entering a challenging business environment where early technology adoption is required to maintain competitiveness or create differentiation, requiring new business, budget, and risk management capabilities.

This White Paper peruses various challenges faced by Health Insurance providers and how a comprehensive Enterprise Content Management (ECM) Strategy Using IBM FileNet can be used to meet some these key business imperatives for Health payer to keep them competitive in the market place.

Excerpts from the Paper

"Enterprise  content  management"  is  an  umbrella  term  and represents a vision and framework for integrating a broad range of content  management  technologies  and  content  formats.  ECM represents  the  consolidation  of point  technologies  document imaging,  document  management, records  management,  Web content management, Business Process Management and document-centric collaboration into suites sold by a single vendor. The consolidation of point technologies into a composite ECM market means that health insurers can buy all the critical content management functions from a single  vendor  with  wide  set functionalities,  less  deployment  cost  and  integrates easily  with legacy/existing systems.

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