Revolutionizing Healthcare PBM through Plan Data Extraction
The client is a key player in the Healthcare PBM industry that manages prescription drug benefits for various organizations. They faced challenges in efficiently extracting comprehensive plan data from various sources. They relied on manual and time-consuming processes that led to reduced operational efficiency and increased the risk of errors.
To address these issues, we implemented an advanced and tailored data extraction system, incorporating Generative AI into their data processing pipeline. Our solution resulted in significant business benefits like:
- Reduced manual effort
- Annual cost savings of 20%-25%
- Approx. 50% reduced data extraction time
- About 85% improvement in data accuracy
This innovative solution revolutionized plan data management, enhancing operational efficiency and positioning the team as valuable partners in the pursuit of excellence in the healthcare PBM industry.
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