International investment management firm BNY Mellon introduced an automated medical claims payment platform to facilitate electronic transactions between payers and providers.
The system combines BNY Mellon's payment platform with Jopari Solutions' healthcare technology.
"We expect the automated payments platform that BNY Mellon and Jopari are introducing will integrate seamlessly with payers' existing accounts payable processing workflows, while conforming to individual state medical reimbursement regulatory frameworks," said J.R. Stevens, chairman and CEO of Jopari Solutions. "Both firms are committed to deploying this state-of-the-art medical claim payments platform that the property and casualty industry sorely needs to stay competitive into the future."