March 10, 2023
Fintech Brings Healthcare Providers Tools For Optimum Financial Health
Today’s digital world has made technology the foundation of the majority of industries. Technology is especially important in the healthcare industry, from medical procedures to revenue management. To maximize the revenue and claims process for Middle Eastern healthcare providers, SANTECHTURE focuses on adding value through automation and artificial intelligence-driven healthcare fintech solutions.
Advanced AI Solutions Streamline Operations and Boost Productivity
SANTECHTURE’s product portfolio eliminates common pain points like manual administration, inaccurate documentation, insufficient financial tracking, and expensive in-house billing processes, which is analogous to the idea of using an app for operational efficiency and support.
Despite scale and complexity, four developed and tested software programs each excel at meeting specific requirements, and when used together, they offer increased productivity by automating processes and reducing human error. Additionally taken into account are AI validation and ongoing process enhancements.
Anas Batikhi Quotes
“Given that the average healthcare claim rejection rate in the UAE and KSA is 13%2, it is crucial for provider administrators to identify and put into practice solutions that will help the rate fall. Our products simplify medical coding, automate RCM workflow, validate claims, and offer end-to-end practice management. As a company, we are aware of this crucial business function and work with customers to implement our products specifically to meet their needs”, said Anas Batikhi, Founder and CEO of SANTECHTURE.
Unlocking Efficiency and Seamless Integration with SANTECHTURE RCM Software
SANTECHTURE’s core product line consists of the following with the following interoperability, compatibility with Health Information Systems (HIS) and the Saudi Billing System (SYS), and upholding Software as a Service (SaaS) compliant mechanisms:
- ROBIN: A full-featured RCM workflow system – Prevents revenue leakage by lowering errors and automating procedures in the following areas: patient eligibility, policy benefits check, pre-authorization, patient share payments, final invoice creation, e-claims submission, denial management, among other crucial internal tasks.
- THYNK: Over 4 million medical and insurance rules, AI-Based Rule Engine for Claims Validation & Billing.
- CODEMINE: First SaaS-compliant program in the region; Advanced Computer-Assisted Medical Coding; Digital content to replace books.
- QUBE: SaaS Electronic Medical Records (EMR) powered by CODEMINE, ROBIN, and THYNK.
“With their help, healthcare providers can increase their revenue by 6%3 by using RCM intelligent automation products. This is accomplished by carefully coding medical diagnoses, editing and scrubbing claims, and carrying out necessary medical and eligibility checks that the human interface might miss. By itself, this eases the decision to switch to such platforms. Furthermore, due to KSA’s current aggressive growth period, its ease of use, customizability features, and holistic systematic approach will help make the product more appealing throughout the region” added Batikhi.
In the Media: Zawya