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Top Claim Processing Companies 2021

Does claims processing take too much time? Are you not able to focus on your critical activities due to a pile of claims? Do you have a lack of resources who can deal with accurate claims processing? In such a way, the best option for your business is to hire a competent claims management company. An experienced claims processor can help reduce the denial number and provide you with a considerable amount of time to settle other important issues. The top claims management companies offer a wide range of services related to claims for compensation, restitution, reparation, and any other remedy for financial loss or contract violation. These companies process various types of claims, deal with the paperwork and administrative duties, and offer professional counseling. As a rule, claim processing companies offer the following services: setting up of the First Notice of Loss, verification and validation of claims, claim support and auditing, assessment services, claims processing services, claims adjudication services, reconciliations, subrogation, early retirement, maturities processing, withdrawals, account settlement, disbursement, file closure, and many others.

We have compiled a list of the best claim processing companies to improve your business. So do not hesitate one hire the best claim processing company.

Best Claim Processing Companies - 2021 | SuperbCompanies

List of the top claim processing companies

2nd Office is your eCommerce Outsourcing partner in growing your online business. They are a highly-specialized, Philippine-based, Offshore & Outsourcing Company that offers a variety of solutions primarily focused in supporting eCommerce Front and Back Office Operations, Startups, Tech companies, Accounting Firms, Marketing Agencies, Web Development & Design Companies.
Rates
< $25 / hr
Employees
50 - 249
Founded
2012
Country
Philippines
With over 30 + years of combined experience, 4D Global offers customized healthcare solutions to their clients. Their team of professionals has comprehensive Healthcare industry knowledge and skills that provide innovative & complete solutions to their clients’ challenges. 4D Global optimizes their client’s revenue cycle by leveraging their knowledge & experience to reduce the operating and capital costs, to increase cash flow and productivity.
Rates
< $25 / hr
Employees
50 - 249
Founded
2015
Country
India; United States
Acelerar is a leading KPO firm offering a wide range of KPO services. Our services include virtual assistants, data entry outsourcing, human resource outsourcing, call center services, e-commerce product listing service, data cleansing service, data verification service, list building service and many more.
Rates
Undisclosed
Employees
50 - 249
Founded
2010
Country
India
Bay Business Group, LLC is led by David Bradsher, CPA. After 20 years in the CPA field, 11 with accounting giant Deloitte & Touche, David recognized the great need of small-, medium-sized and emerging businesses for specialized accounting services that would empower them to focus on the core of their business instead of spending valuable time on complex financial issues. David’s vision, which grew into Bay Business Group, was (and still is) to provide these businesses with a service model typically available only to the largest companies. Today, BBG is much more than a bookkeeping service. David and his team use a consultative approach that also includes guidance on business planning, tax planning, business strategy, forecasting and budgeting.
Rates
< $25 / hr
Employees
10 - 49
Founded
Undisclosed
Country
United States
BillingParadise started in 2004 as a small medical billing company with big dreams. We wanted to enable group practices, hospitals, clinics and independent medical practice practices to run a healthcare organization without the pressure of working for a certain bottom-line. BillingParadise pushes the envelope to deliver revenue cycle management services that empowers medical practices to stay on top of financial and regulatory challenges. We’ve tailored our services to align with value based care reimbursement models. Our RCM experts offer guidance on selecting and attaining MACRA regulations. And our RCM automation tools put the power of data in your hands
Rates
< $25 / hr
Employees
50 - 249
Founded
2004
Country
United States
Cogneesol is a leading global provider of business process management, technology, and digital transformation solutions. We provide value to our customers by leveraging technology and implementing the industry's best practices. We have been providing sophisticated, personalized services to a diverse international clientele, from small, mid-sized businesses to Fortune 500 companies. The combination of subject matter grasp and technical expertise sets Cogneesol apart.
Rates
< $25 / hr
Employees
250 - 999
Founded
2008
Country
United States ; India; United Kingdom; Canada; Australia
Datascribe is one of the leading legal services solutions provider, delivering legal, shared and advisory services from secure centres in Bangalore, India to top law firms and corporations in the US and Canada. Since 2005, we’ve been successfully providing onsite/onshore and offshore services for our clients across USA, Canada, and India. We’re committed to render quality services to our clients. In fact, our processes are driven by quantitative and process driven approach, ensuring quality work without losing focus on quantity and time.
Rates
< $25 / hr
Employees
50 - 249
Founded
2005
Country
United States ; Canada; India

GroupOne Health Source is now Revele! Revele is a full-service medical billing, transcription, technology, and consulting firm dedicated to improving the revenue cycle management and operations for medical groups and health systems across the U.S.
We focus on the business side of medicine, so that our customers can concentrate on patient care. Our products and services enable a healthcare business to maximize revenues, control costs, reduce compliance risks and streamline their operations for a profitable future.
Revele's expertise on multiple EHR software systems combined with 25 years of medical reimbursement wisdom and knowledge has helped thousands of providers increase revenue while controlling costs. Contact us today to learn how you can get started.

Rates
< $25 / hr
Employees
250 - 999
Founded
1991
Country
United States; India
Customized, flexible approaches to expand or optimize your business. Start with a small or large dedicated team of highly-trained tech-agnostic specialists, with the ability to scale as you grow. Maintain control with the confidence that we follow global security standards. That’s what Infinit-O offers, and more. As your business grows to greater heights, we provide the metrics demonstrating operational excellence at huge financial savings that lead to a significant ROI! Explore infinit opportunities for business growth and efficiencies with Infinit-O.
Rates
Undisclosed
Employees
250 - 999
Founded
2005
Country
Philippines; United States; United Kingdom; Australia
Insurance Support World has been providing top quality insurance back-office services to the leading Insurance industries across the globe. Our reasonable priced services help insurance providers save their valuable time and money enabling them to focus on revenue generating activities. We adhere to confidentiality agreements very stringently and you can be certain that your information is totally secure with us. If you are searching for a reliable Insurance Outsourcing Service Providers, then get in touch with us today.
Rates
Undisclosed
Employees
50 - 249
Founded
2009
Country
United States
Magellan Solutions Outsourcing Inc. is an ISO-27001 certified call center and BPO company, providing a wide range of high-quality inbound and outbound call center services, back-office and data processing services to large firms and small and medium businesses from around the world. Incorporated in 2005. Magellan Solutions started as an inbound call center and today offers diversified range of services, which include telemarketing, data entry services and appointment setting, and more. Build your team with Magellan Solutions Outsourcing. Call us at 1 800 371 6224 today!
Rates
< $25 / hr
Employees
250 - 999
Founded
2005
Country
Philippines; United States
PACE Claims Services, a subsidiary of Navigant Consulting, is a recognized leader in mass tort claims administration. Our practice began in the early 1980s supporting clients facing asbestos data management and claims administration challenges. These clients include defendant companies, insurers, financial institutions and other entities. By combining the proven experience of our professionals with modern systems and technology, we are able to provide our clients with a cost-effective solution to address their mass tort litigation needs without sacrificing the quality of the information.
Rates
< $25 / hr
Employees
10 - 49
Founded
Undisclosed
Country
United States
Optimum Source, Inc. (OSI), founded in 1998, is a premier service provider of Knowledge Process Outsourcing (KPO), Information Technology Outsourcing (ITO) and High-End Business Process Outsourcing (BPO) in the Philippines. Their services include Accounting and Finance Support Services, IT Consulting and Software Applications Development, Research and Analytics, B2B Telesales & Lead Generation, HR Management & Talent Acquisition, Business Operations and Support and Business Start-up Consulting.
Rates
< $25 / hr
Employees
50 - 249
Founded
1998
Country
Philippines
Premier BPO was established in 2003. They are an outsourcing company serving the business needs of small and middle market businesses. Premier BPO believe every client is unique, requiring customized solutions tailored to their needs. Their outsourcing solutions are jointly conceived and seamlessly integrated with the customer’s practices. Their end-to-end process delivers cost savings, enhanced customer satisfaction, metrics, reports, and analytics.
Rates
< $25 / hr
Employees
250 - 999
Founded
2003
Country
United States; Philippines; China; Pakistan
SRISYS delivers high-quality Enterprise Business and IT Solutions and Services. They are a cutting edge IT consulting and software development firm focusing on ERP Solutions, Cloud Migrations, Web Services, Custom Web Applications Development and Mobile Apps Development. SRISYS features excellence in Oracle E-Business Suite, and SAP Solutions. They have partnerships with industry leaders like Rackspace and Amazon (AWS) in the cloud arena.
Rates
< $25 / hr
Employees
50 - 249
Founded
2001
Country
United States; India
We are a professional data management firm that allows you the best time and data management systems for your business. We are dedicated to offering you the best prices and timely service according to your business needs. We are here to make your business do better and be more efficient by reducing your overhead cost of running administrative duties. Strong Vision Data Processing is dedicated to the proficient need and use based system for data management. We come with years of professional experience in data processing. We have worked with various companies across the world.
Rates
< $25 / hr
Employees
10 - 49
Founded
2016
Country
India
Taskforce BPO is an American Veteran owned company whose mission is to provide clients with labor solutions that enable them to focus on their core competencies while increasing productivity and profitability. They accomplish this goal by leveraging over 50 years of insurance and healthcare industry experience to provide Staff Augmentation and Project Management services that will lower your costs by up to 70% and increase your efficiency by 50%.
Rates
< $25 / hr
Employees
50 - 249
Founded
2015
Country
United States; Macedonia
Xplore-Tech Services took its first step in 2004. Over this period, the company experienced growth through a series of acquisitions and mergers to become a diversified BPO company of repute. With 9 delivery centers spread across Canada, the USA, the Philippines and India, they offer a wide range of services including inbound, outbound and back office services.
Rates
< $25 / hr
Employees
10 - 49
Founded
2004
Country
India
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Benefits of Hiring a Claims Processing Company

More often than not, claiming compensation can be rather challenging. It can take a ton of time and effort, leading to your company's productivity deterioration. But if you delegate this task to a professional claims processor, your business will experience the following advantages:

  • Reduction of management efforts as you will not have to deal with a claim registering, information collection, required documents compiling, and claim assessment expedition;
  • Reduction of time required to fill and process claims;
  • Help in defining the party responsible for the harm and the amount of compensation;
  • Investigation as for the contract violation, and who's responsible for it;
  • Getting of cost-effective services which can help to decrease the number of denials;
  • The increase of your chances to recover the claims;
  • Access to talented staff without having to hire additional personnel;
  • Regular reports on claim statuses and work progress;
  • Duplicate claim detection.

The hiring of a reliable claims management company can be significantly beneficial. It is particularly helpful for fast-paced firms that can't afford to invest resources into claim processing. If you or your company is a party to a claim, you should not hesitate to entrust the job to an experienced professional claims processing company. The best claims processing companies are able to deal with all types of claims.

Most professional claims management companies typically provide three main types of services:

Advisement

Claims processing companies provide their clients with professional pieces of advice as for their claims against a certain financial product.

Representation

Claims processor works on behalf of clients to enable you to get in full the amount you are entitled to. In such a way, trusted claims processing companies run their business.

Claims Investigation

Trustworthy claim processing companies thoroughly investigate claims. Therefore they can collect indisputable pieces of evidence from trusted sources about the grounds or merits of a particular claim.

Updated: November 26th 2020