Today, VEDA Data Solutions has announced the public launch of Alchemy, VEDA’s automated AI data transformation engine. Alchemy reads, interprets, translates and exports 1M rows of roster or claims data per minute, without the need for manual field mapping.
Alchemy empowers health plans and systems to take in data from providers through a drag-and-drop web portal and in a few minutes the information is downloadable in industry-standard formats and custom formats. Files complete in minutes and are ready to load into internal directory, claims or CRM systems.
“One third of healthcare premiums go to administrative overhead and never impact patient care. It is unacceptable that US healthcare administration costs are the highest in the world. We know that AI can transform the business of healthcare. Alchemy’s artificial intelligence engine automates expensive administrative tasks, eliminates manual data formatting, and reduces wasteful spending,” says Meghan Gaffney Buck, founder & CEO of VEDA Data Solutions. “VEDA is proud to add Alchemy to our suite of tools that make healthcare more accessible, affordable and efficient.”
Alchemy is priced by volume, allowing customers to scale into data automation, or realize dramatic savings in just a few weeks. To see an Alchemy demonstration on your data contact email@example.com.