VOS | Downey Insurance and Valley Oak Systems Release iVOS® Case Study Results


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Cynthia Chow
925-242-4600

Downey Insurance and Valley Oak Systems Release iVOS® Case Study Results

"One-System" Solution Enables Paperless Claims, $2.4 million in Medical Savings, and a Hassle-free Implementation

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San Ramon, CA — February 28, 2006 — Downey Insurance, the premiere choice for Indiana municipal insurance, and Valley Oak Systems Inc., a national provider of claims management software, services and support, today released case study results that illustrate the benefits and cost-savings achieved with a browser-based "one-system" solution.

"Our primary business objective is to provide exceptional service to our clients," said Louise Sparks, claims manager at Downey Insurance. "To meet client needs and continue to deliver world-class service, we needed a more modern claims system that would enable us to move from manual, paper-based operations to a more streamlined and automated workflow."

The iVOS unique "one-system" design allowed Downey Insurance to consolidate claims management and medical bill review into one convenient platform. By bringing these two processes together, Downey re-engineered its workflow, enhanced adjuster productivity, and achieved medical savings of $2.4 million in 2005. The browser-based architecture was another system advantage, since it enabled Downey to capitalize on remote access options that increased the scope of their business, staffing and customer service opportunities. The system's risk management reports have helped to identify loss-control opportunities for members, and in the future, clients will have direct access to claims information and reports via remote access.
 
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