Companion Data Services: Robust IT for Health Plans

Although technology has made inroads into every business sector, healthcare payments space has witnessed little or no innovation for a long time. At a time when health plans are striving to improve process transparency and deliver enhanced experiences to care providers and consumers, the demand for efficient healthcare information technology has reached an all-time high. Thanks to their extensive healthcare information technology expertise and experience, Companion Data Services (CDS) has disrupted the healthcare payments arena with CDS Healthcare Payer SuiteSM. The suite supports every business function that a health plan would need to provide services to consumers, providers, HR consultants, as well as insurance brokers and agents who sell plans to large groups. As the core administrative processing platform for payers, Healthcare Payer SuiteSM streamlines end-to-end processes, from enrollment to actuarial process to payments, enhancing both consumer and provider experience alike.

CDS Healthcare Payer Suite is the engine that binds every process related to claims processing. A single platform that handles all commercial lines of business, it performs just like a bank application characterized by real-time transaction features. For instance, imagine a patient walking into the doctor’s office with a health savings debit card, the patient (with access to the portal and mobile app) can quickly check for benefits and eligibility in real time and accordingly have the claims immediately processed through CDS Healthcare Payer Suite. The intuitive suite improves the convenience of its users.

As an advanced solution partner, CDS offers maximum flexibility and robustness that allow health plans to address their challenges confidently. Added to the suite, the company offers supplementary services including managed services, hosting, and security. Therefore, a health plan can simply outsource all of their technology and the infrastructure that support their backbone— be it mainframe, distributed processing, call centers, or administrative processing. The company’s services and platform are hosted in two of the largest healthcare-centric, HIPAA-certified data centers that align with all the necessary data regulations.