Five Sigma, a cloud-native claims management solution provider, has launched a native integration with Medlogix to deliver more efficient and accurate medical claims processing for its US customers.
Five Sigma’s cloud-native claims management solutions enable property & casualty (P&C) MGAs, InsurTechs, and self-insurers, to simplify their claims process from first notice of loss to resolution. Medlogix is a technology-driven, clinically-based medical claims management provider specialising in managed care solutions.
The partnership with Medlogix, Five Sigma said, provides its US-based customers with an out-of-the-box integration to itemise, assess, and aggregate special and general damages for bodily injury claims – to ensure proper, timely settlement and accurate reimbursement while complying with regulations that differ state-by-state.
The company extended its Series A round earlier this year, which saw its total funding to date rise to over $20m.
Oded Barak, co-founder and CEO of Five Sigma, said, “Five Sigma is on a mission to simplify the claims journey. Our flexible SaaS solution and open APIs allow us to quickly add new partners and integrations to our claims management ecosystem.
“We are proud to partner with Medlogix to provide our customers a more comprehensive, accurate and efficient claims process.”
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