DataPath, Inc., a leading provider of technology solutions for healthcare benefits administration, announced an affiliation with TPA Stream, a middleware software for healthcare and financial services. The integration between the technology firms seeks to improve the claims processing workflow for third party administrators (TPAs) using DataPath’s cloud-based Summit platform.
With TPA Stream, DataPath clients can automate the collection of carrier claims data used to auto-substantiate debit card transactions. For participants who do not have a card, Summit can also create claims and process reimbursements automatically without the need to submit claims paperwork in advance. With higher auto-substantiation rates, TPAs should see a reduction in claims processing and administration costs.
“We designed Summit to increase our TPAs’ efficiency and TPA Stream enhances the product’s goals,” says Greg Licata, chief product officer at DataPath.
John Robbins, Jr., DataPath President, and CEO added to Licata’s sentiments, “We want to help our clients automate many of their time-consuming tasks so they can focus more on their business. We look forward to a fruitful partnership with TPA Stream and we’re pleased to offer their forward-thinking solutions through our platform.”