|[April 11, 2012]
JavelinaTM Client Reports Significant Increase in Auto-Adjudication Rates after First Year of Implementation
PHOENIX --(Business Wire)--
(ELDORADO), a division of MphasiS, an HP Company, and a leading provider
of health benefit and claims management platforms, announces today that
Keenan, the largest privately held insurance brokerage and consulting
firm in California, has reported a significant increase in
auto-adjudication rates since going live with Javelina one year ago.
Keenan implemented Javelina in 2010, becoming Javelina's
first third-party administration customer to utilize the full breadth of
the technology platform. The Keenan Employee Benefit TPA manages benefit
administration services for more than 60 self-funded employers,
representing over 70,000 members.
"Eldorado's cutting-edge technology has enabled us to share data with
our carrier partners more effectively, and we have seen a significant
increase in our auto-adjudication rate," said Marcos Rolon, Vice
President of the Keenan Employee Benefits TPA. "Not only are we
re-energized with the speed and efficiency of processing claims, the
Javelina technology has alleviated many concerns we had about meeting
requirements of healthcare reform. As a result, we can focus on managing
claims quickly and providing better service."
Eldorado President Tom Castleberry is pleased with the results that
Keenan is reporting in their initial year of utilizing Javelina.
"Eldorado began development of Javelina in 2006 and has since poured
1,200+ person-years of application development into the product. Keenan
trusted Eldorado and our open technology enough to become one of the
first Javelina clients to go live," he said. "Other companies are also
reaping the benefits of Javelina's modern payer platform. Eldorado
currently has three clients in production and processing live claims,
with several more clients in line to go live within the next 12 months.
"The collaborative effort between Eldorado and Keenan was essential to
accomplishing our positive results," said Henry Loubet, Chief Strategy
Officer for Keenan. "Having a company working closely with us through
the system conversion was critically important to maintaining continuity
for our clients."
Offered as a bundled solution with 20+ available modules, Javelina
incorporates fully integrated technology and functionality to ensure
performance-driven operations. Javelina maximizes efficiency of
enterprise resources and reduces manual processes by incorporating
real-time workflow management. Javelina's application functionality is
inspired by the experience of supporting over 80+ diverse administrators
as well as Eldorado's mission to raise payer expectations regarding
operational performance and core system reliability.
Javelina is 5010 and ICD-10 compliant ready and is poised to provide
payers with a new level in payer benefits technology performance.
Eldorado is harnessing the freedom and flexibility of open-source
architecture to provide payers and administrators with lower operational
overhead, expanded interoperability, increased transparency across
administrative metrics and improved return on core technology investment.
Based in Phoenix, Ariz., Eldorado, a division of MphasiS, an HP Company,
specializes in health insurance application development, business
process outsourcing services, information technology engineering and
operational consulting. The company serves the full spectrum of
organizations engaged in managing health benefit plans including third
party administrators, health plans, employers and self-insured
organizations. Together, Eldorado customers manage five million lives
and handle 35 million claims annually. For more information, contact
602-604-3100 or visit www.eldoinc.com.
MphasiS is a global service provider with $1B in revenues, delivering
technology-based solutions to clients across the world. With currently
over ~40,000 people, MphasiS services clients in Banking and Capital
Markets, Insurance, Manufacturing, Communications, Media &
Entertainment, Healthcare & Life Sciences, Transportation & Logistics,
Retail & Consumer Packaged Goods, Energy & Utilities, and Governments
around the world. Our competency lies in our ability to offer integrated
service offerings in Applications, Infrastructure Services & Business
Process Outsourcing capabilities. To know more about MphasiS, log on to
Founded in 1972, Keenan is globally ranked as the 19th largest insurance
brokerage, and the largest independent broker in California. Keenan is
dedicated to providing superior insurance products and services to
schools, community colleges, municipalities, and healthcare
organizations that include employee benefits, third-party claims
administration, workers' compensation, integrated disability, risk
management, and property and liability. Keenan has a network of offices
located throughout California and a staff of more than 650 insurance
specialists. For more information, call 1-800-654-8102, 1-310-212-3344
or email email@example.com. Visit our
web site at www.keenan.com.
[ Back To TMCnet.com's Homepage ]