TPA Stream provides a cloud-based benefits administration platform that integrates data from various systems to streamline invoicing, communications, and claims collection. This solution addresses the challenge of fragmented data management, enabling organizations to improve operational efficiency and capture additional revenue opportunities.
Funding
$922K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Benefits administration involves managing fragmented data across multiple systems, leading to inefficiencies in invoicing, communication, and claims collection. Legacy systems often lack seamless integration, making it difficult to access and utilize data effectively.
Solution
TPA Stream offers a cloud-based benefits administration platform that consolidates data from disparate systems to streamline key processes. The platform integrates with benefits administration and accounting systems, enabling efficient invoicing, targeted communications, and automated claims harvesting. By connecting these systems, TPA Stream helps organizations improve administrative efficiency, reduce clerical work, and unlock additional revenue opportunities through accurate billing and improved client experience. The platform's solutions include consolidated invoicing, communications, and claims harvesting, all designed to work together seamlessly.
Target Audience
TPA Stream targets third-party administrators (TPAs), health insurance brokers, application developers, HSA providers, and benefits startups seeking to automate benefits administration processes.
Features
- Consolidated Invoicing: Integrates with benefits administration and accounting systems to generate detailed invoices with recurring and one-time fees.
- Consolidated Invoicing: Includes features such as bundles, lookback adjustments, line-level detail, divisional bills, invoice reminders, and NACHA file generation.
- Communications: Facilitates targeted email communications with a user-friendly editor and dynamic segments.
- Communications: Automates renewal processes and handles reporting requirements.
- Claims Harvesting: Securely collects claims files and EOBs from insurance carriers to streamline substantiation and reimbursement.
- sFTP: Managed secure file transfer and cloud storage.
- Software Development Kit: For custom integrations and application development.
- HIPAA-compliant and SOC II Type 2 certified.