MY SOCRATES® - how does it work?
A customizable, paperless, subrogation case management software that offers a stand-alone subrogation solution from identification to recovery.
MY SOCRATES® is a state-of-the-art subrogation identification and case management software application with advanced reporting capabilities that allows clients to keep track of cases in real-time. The platform combines all subrogation-related tasks and procedures into one integrated and paperless system to automate internal subrogation processes. The application is specific to health payer subrogation processes, and combines Data Mining, Workflow Management, and Business Rules Management into a single system. Effective subrogation techniques can assist companies in recovering millions of dollars. Third-party liability, such as subrogation with motor vehicle accidents, Workers’ Compensation and products liability contribute significantly to the total claims costs.
- Built to seamlessly manage the complete lifecycle of a subrogation case, from import of claims data to submission of recovered amounts
- Manages Medical claims, Pharmacy claims and Dental claims
- Compatible with multiple claims platforms, simplifying the import and export of data
- Automates manual and spreadsheet-based processes into a single standalone Windows-based desktop application
- Case/task assignment functionality and the use of diary dates ensure that no case/task slips through the cracks or important date is missed
- Helps maintain a HIPAA-compliant subrogation department