Automating Document Processing for a Healthcare Insurance Provider

Overview: AltheonAI was approached by a healthcare insurance provider grappling with the challenge of managing thousands of contracts and invoices.Their aim was to streamline the manual data extraction process, which was time consuming and costly.

Academia:

Recent research has centered on the challenges and innovations in automated data extraction from complex documents, particularly in the healthcare sector. Papers in this field include studies on the application of generative AI for data extraction and processing. These papers explore how tailored LLMs, when integrated in specific environments can revolutionize data handling in healthcare. The research highlights the potential of GenAI solutions in processing sensitive documents efficiently while ensuring data security and compliance with healthcare regulations.

Problem:

  • Manual process was time-intensive and prone to errors, leading to inefficiencies in data handling

  • Sheer volume of documents made it difficult to access and analyze data quickly, hindering decision-making processes

Real World Application:

AltheonAI developed and implemented a cutting-edge generative AI (GenAI) solution, specifically designed to automate the data extraction process from healthcare documents. The solution utilized tailored secure data Large Language Models (LLMs) to process contracts and invoices efficiently AND safely through secure servers, a vector database storage system and agents.

Impact:

  • 97% reduction in costs associated with manual data extraction and saved hundreds of hours

  • Significantly accelerated the client's data analysis process, enhancing their capability to make informed high stake decisions

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