Every day, Claims departments must balance the need for compliance with the business needs of prompt, accurate claims processing and cost control. Compliance failures in claims processes are not only on the top of regulators' priorities, but also are quick to get the attention of media and consumers. Extensive regulation and resource limitations make communication of and control over compliance a difficult to achieve goal. In this high pressure environment organizations must ensure that compliance is built-in to the process as much as possible to reduce compliance risks and achieve business goals.
With point solutions designed to interact when needed, organizations can achieve the results they need while being supported by experts they trust to get it right. By bringing content, technology and expertise together, we help organizations effectively communicate, monitor and report on compliance across the organization to in order to provide the most compelling evidence for external concerns and internal strategic decision-making. Wolters Kluwer’s claims compliance solution provides all the components needed to successfully juggle the diverse needs of claims processing while optimizing compliance and controlling risk.