Finalist validates, standardizes and corrects addresses, and appends postal codes in accordance with the US Postal Service (USPS) CASS certification requirements. Finalist enables Companion Data Services (CDS) to obtain the maximum postage discounts and reduce the amount of undeliverable-as-addressed mail, providing Medicare with timely delivery of customer communications.
Steve Hammons, vice president and COO of CDS, said: CDS continually seeks innovative and emerging technical solutions to improve business performance. Finalist has been the internal standard at CDS and its parent company for more than 20 years and easily integrates into our claims-management system. Our confidence and familiarity with the solution will help CDS better manage Medicare operations.
Bill Sinn, strategic industry manager of insurance at Pitney Bowes Group 1 Software, said: As the volume of Medicare insurance claims grows, carriers look for technologies that make claims processing more efficient, and address quality is one area that can make a tremendous difference in cutting costs and securing timely delivery of customer communications. CDS recognizes that address quality plays a key role in improving Medicare’s productivity, and since its original implementation in 1988, Finalist has provided CDS and its parent company with address accuracy.
