Pyramid Solutions presented at IBM Content 2017 and shared how organizations are using cognitive capture to identify handwriting, initiate workflows, understand embedded data tables and even send bookmarked documents to FileNet.
3. DISRUPTORS ABOUND
MILLENNIALS
Demand interactive and instantaneous buying
experience
NON-TRADITIONAL PRODUCTS
Focus mostly on health benefits and less on
mortality risk
NEW EXTERNAL PLAYERS
Abundance of capital and knowledge of
consumer buying habits
Millennials
Non-
traditional
products
External
players
4. CARRIER PAINS
MAXIMIZING FAST TRACK
Better, more informed decisions
STREAMLINING THE PROCESS
Special authorizations, APS processing
MORE WITH LESS
Avoid medical records and paramed exams
ACCURATE RATING
Greater insight to rate more precisely
Carrier
Reinsurer
Decision
5. INTELLIGENT ASSESSMENT
What is the level of risk?
Risk Score
Content Æ Data Æ Information Æ Decision
MIB
Cognitive
Engine
Fast Track
Underwriting
PolicyTHE
UNDERWRITING
PROCESS
6. EXTRACTING KEY MEDICAL DATA
Establish a chronology of declared and reported information
Diagnoses
Prescriptions
Procedures
Chronology
Handwriting
Redundant text
MIB
Medical
Extractor
Key Info Bookmarked
7. 2011 2012 2013 2014 2015 2016
Colon polyps / benign Angina
Diabetes Type II
DIAGNOSES / TREATMENTS
PRESCRIPTIONS / DOSAGE
Propranolol
Metformin
GOAL: ASSIMILATE DIAGNOSTIC AND RX INFO
AND LAB RESULTS INTO APPLICANT TIMELINE
8. Content Navigator
A unified user experience for capture, content and case
SOURCE
MFP
Tablet
FaxArchive
Scanner
E-mail
Smartphone
Network
Scanner
Datacap
Web, Desktop, Mobile
TRANSFORM
Look-Up
Verify Rules
ClassifyExtract
OMR BarcodeOCR ICR
DELIVER
Web Portal
LOB
Solutions
BPM
ECM On-
Premise
ECM
Cloud
Case
Mgmt.
IBM DOCUMENT CAPTURE CAPABILITIES
At a glance
17. PRESENT CONDITIONS
Provide high level view of applicant conditions
HIGHER RISK
2010 2011 2012 2013 2014 2015 2016
AnginaColon Polyps Benign
Diabetes Type II
High Cholesterol
Propanolol
Lipitor
Metformin
DIAGNOSES / TREATMENTS
PRESCRIPTIONS / DOSAGE
Propanolol
18. CONTINUOUS ASSESSMENT
What’s next
Risk Score
Train
Content Æ Data Æ Information Æ Decision Æ Feedback
MIB
Predictive Model
Cognitive
Engine
Underwriter
Fast Track?
APS Requests
Rating Support