AI Articles and Analysis about Claim management

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Originally founded as Fair, Isaac and Company, FICO is a data analytics company founded in 1956. Based in Bozeman, Montana, the company is focused on credit scoring services, most notably its FICO score, which measures a person's creditworthiness. 

This article is co-authored by Rudrendu Paul

Global supply chains face mounting disruptions - pandemic aftershocks, geopolitical conflicts like the Ukraine war, climate events like flooding in Malaysia, and cyber-attacks - all of which have created massive bottlenecks. According to the World Economic Forum, global supply chains are facing the worst shortages in 50 years due to the pandemic and the war in Ukraine.

State Farm is a large insurance company headquartered in Bloomington, Illinois. Its main lines of business include property and casualty insurance, as well as auto insurance. The company is the leading auto and home insurer in the United States.

AI and machine learning have promising potential in the field of healthcare. However, there is one significant hurdle healthcare companies often encounter when trying to implement AI and machine learning. The data architecture of current legacy systems in healthcare settings prevents implementing many use cases and limits a company’s ability to benefit from these technologies fully.

Cardinal Health is a global healthcare services company with a rich history and a strong focus on providing integrated solutions to the healthcare industry. Established in 1971, the company has become a leading player in the healthcare sector, offering a wide range of products, services, and technologies to enhance patient care, optimize supply chain efficiency, and drive value-based outcomes.

AI has profound implications for drug discovery, ushering in a new era of innovation and efficiency. Recent milestones - such as the first AI-designed drug molecule to enter human clinical trials and the prediction of protein structures for millions of proteins - showcase the transformative power of AI in this domain.

Critical to the definition of robotic process automation (RPA) is the notion that the tasks a 'robotic' software automates are repetitive by nature, with exceptions in rare instances. While RPA cannot independently learn from and adapt to new contexts and workflow problems, it can if the RPA system is imbued with the correct AI capabilities.