Real-Time
ConVergence Point Defines the Industry’s
Benchmark for Real-Time
In evaluating a real-time solution, it is very important that a payer understands how vendors define ‘real-time’ — does real-time mean sub-second processing, what exactly occurs in real-time, and are there any limitations? Does real-time mean an unlimited amount of claims at any time?
ConVergence Point sets the standard for real-time processing. Most vendors define real-time as the ability to process a single-claim as opposed to batch processing and are not able to do this in any meaningful volume.
Bloodhound’s ConVergence Point defines real-time as:
- Processing a claim or multiple claims simultaneously against full patient history
- Complete payer policy customizations
- 16 million open sourced clinical edits
- All in 350 milliseconds
"Real-time adjudication processes are important to support the emerging consumerism market and to provide clear payment liability information to both providers and consumers. Solutions that improve the consistency, transparency and timeliness of claims processing deliver a new level of accuracy that will lead to improved relationships among payers, providers and consumers."