Review of Ventiv's IRM/Digital and Claims Module
We use IRM and Digital to automate and track exposure information. To ease administration the Digital forms tool is deployable to …
Overview
What is Ventiv Claims?
Ventiv Claims Administration software is designed to handle claims with speed and precision.
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What is Ventiv Claims?
Ventiv Claims Administration software is designed to handle claims with speed and precision.
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- Setup fee required
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Product Details
- About
- Competitors
- Tech Details
- Downloadables
- FAQs
What is Ventiv Claims?
Ventiv Claims is a claims administration system that is comprised of one or more Claims Management modules and a variety of supporting modules, including Absence Management, Enterprise Legal Management, Workers’ Compensation, Policy Management, Billing Management, Claims Intelligence, Corrective Action Plans, and Incident Reporting. The system was designed as a claims management system from the perspective of claims examiners. Designed to make it easy to manage claims, it includes functionality like diaries, business rules, workflow management, notepads, and financial management. Ventiv Claims enables users to define custom workflows tailored to each client’s specific business process, to make claim, document, and policy administration more efficient.
Ventiv Claims offers an “out of the box” solution to clients. At the same time, the Ventiv Claims architectural design was developed with the fundamental requirement of flexibility to adapt to meet the changing business requirements of clients. The system modules, fields, interfaces, and reports are user configurable so that Ventiv Claims can be adjusted to meet most organizational processes without custom programming.
Ventiv Claims Features
- Supported: Predictive Analytics: Claim Severity Scoring and Case Reserve Prediction
- Supported: Workflow Automation and Custom Business Rules
- Supported: Fully Integrated Compliance Support for CMS, IAIABC, EAMS, and Jurisdictional Reporting
- Supported: Content Management and Distribution, ISO, Document Management
Ventiv Claims Screenshots
Ventiv Claims Videos
Ventiv Claims Competitors
- Riskonnect IRM
- Duck Creek Claims
- Majesco Claims
- Delphi
- Origami Risk
- Insurity
Ventiv Claims Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows, Linux, Mac |
| Mobile Application | Apple iOS, Android, Windows Phone, Blackberry, Mobile Web |
| Supported Countries | Ventiv Claims primarily serves clients in North America. |
| Supported Languages | English |
Ventiv Claims Downloadables
- The Essential Guide to Claims Technology in a Changing Environment: This guide helps claim organizations navigate business conditions and regulatory environments.
- Ventiv Claimant Access: Empower your claimants to access their claim information in real-time on any device.
- Ventiv Enterprise Legal Management (ELM): Link every legal matter to its corresponding claim, achieve real-time access to data and reduce litigation costs.
- Ventiv Absence Management: Design absence programs based on your requirements and achieve a holistic view of your employees and their needs.
- Ventiv Digital: Gather comprehensive, accurate data directly from the field with any device.
Frequently Asked Questions
Ventiv Claims Administration software is designed to handle claims with speed and precision.
Reviewers rate Implementation Rating highest, with a score of 9.4.
The most common users of Ventiv Claims are from Enterprises (1,001+ employees).
Ventiv Claims Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 10% |
| Mid-Size Companies (51-500 employees) | 40% |
| Enterprises (more than 500 employees) | 50% |
Comparisons
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Reviews and Ratings
(32)Attribute Ratings
Reviews
(1-23 of 23)Companies can't remove reviews or game the system. Here's why
March 28, 2024
Review of Ventiv's IRM/Digital and Claims Module
- Positive: Able to track claims in one place from multiple data TPAs
- Negative: Calculating an ROI on a cost center is difficult
- Negative: In house expertise is needed to coordinate with Ventiv to properly administer the system.
March 26, 2024
Great user-centric suite of products
- It helped decrease manual claims hand-holding
- It decreased some labor hours with its processes
March 26, 2024
User Review
- Employee satisfaction
March 26, 2024
Ventiv Claims
Score 7 out of 10
Vetted Review
Verified User
- Easy to use for processing our claims
- automation
March 19, 2024
Thoughts About My Claims System
- Cost savings.
- Total paperless environment.
- Integration with other business systems.
March 04, 2024
Everything in one system to make the end user experience easy to navigate-no other software needed
- Ability to automate reports.
- Ability to customize system.
- Financial reports.
September 05, 2023
Ventiv Claims Review
- It keeps us in compliance thus avoiding penalties by the state and CMS
April 03, 2023
Ventiv Review
- It's an average product.
March 30, 2023
Cool, Simple & informative
- Well suited for utility based company for managing Claims with all interfaces
March 29, 2023
Yes, I'd Recommend Ventiv Claims Enterprise
- Analystics
- Ability to track progress and results
- Ease of reference/cross-reference
March 28, 2023
If you have field employees, you need Ventiv Claims!
- The annual service hours allow us to complete new projects and enhance Ventiv Claims for our needs without going over budget
- Ease of use for field employees equates to more timely and accurate injury reporting, leading to quicker compensability determinations
March 27, 2023
Happy Customer.
- Helps with a lot of automated documents.
- Search function.
- Organizing Claims.
March 24, 2023
Happy and Thankful Client
- Has allowed for timely provision of benefits to our injured employees.
- Allows for completion of all state mandated reporting.
- Business Rules are very help in structuring and setting into place good claims practices.
December 27, 2022
Ventiv Claims...20 years and running
- Helps with moving toward being completely paperless
- Ability to maintain 5000+ open claims amongst 20 claims reps
December 08, 2022
The Ventiv Team has become an extension of our CFSA family!
- Ventiv has been PIVOTAL in assisting CFSA transition to a paperless environment, something I have been trying to do since I joined in the agency in 2016.
Score 10 out of 10
Vetted Review
Verified User
- Customers request using Ventiv products, though they may have other options, based on their user friendliness.
- The cost of supporting Ventiv Claims continues to increase.
October 28, 2021
It's been a long road, but the Ventiv has improved significantly over the past five years.
- We pay about $100K per year in support/update fees it has been very difficult to justify these fees as we don't use support much and many of the updates simply brought the product to an approximate level to what we thought we were purchasing in the first place.
- Self-hosting and owning the software rather than SaaS is an incredible value.
October 12, 2021
University Risk Management
- That has not been a concern of ours. We come up with a budget and stick with it.
September 27, 2021
Healthcare Company Review
- A positive impact would be that our claims management is now all electronic and we use to have paper files.
- I have no ROI numbers because I am not privy to our budget numbers in my position.
September 13, 2021
Ventiv Claims review: One-stop shop
- The environment has allowed us to stay compliant with all state and federal requirements without bringing in third-party systems.
- It has allowed us to administer the environment with less technical staff.
August 24, 2021
Long-term partnership with Ventiv Claims; grown together.
- The product has allowed us to continually improve our processes and efficiencies by leveraging new/offered technological advancements. This has resulted in a positive ROI over the long run.
- Because some of the modules offered were deemed too costly, we have not fully utilized all of the product's capabilities.
August 20, 2021
Ventiv Claims System review
- We took claims in house from a TPA 13 years ago and chose this claims system. It has allowed us to perform all the functions the TPA did that are necessary for a claims dept. to be successful, but we now have control of every facet of the dept. We can make decisions on various functions, rules, etc. for the way we want to do business and how we see the claim system itself. VS working around all the customers a TPA may work for.