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CMAX (CLAIMS MAXIMIZATION)
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CMAX - The most powerful system in the business
CMAX (Claims Maximization), the leading claims management and processing software system, is designed to generate accurate and compliant claims filings and improve turn-around time allowing servicers to meet the strict deadlines associated with claims processing. Now an integral tool within First American's array of default management solutions, CMAX can greatly reduce the cost of processing claims while boosting production and providing the most effective solution to large increases in claims volume.
Save time, save effort, save money
The CMAX system's technology provides a shortened cycle time that substantially reduces the costs associated with processing claims while boosting productivity by more than 30%. This virtually paperless system also greatly reduces filing and administrative costs. In addition, CMAX's easy to use OracleĂ’-based WindowsĂ’ environment allows for significantly reduced training costs. CMAX's extensive set of edit checks ensures that the claim is completed accurately the first time - eliminating costly re-work.
Eliminate audit penalties with accurate and compliant claims
CMAX has set the industry standard by virtually eliminating audit penalties associated with claims processed with incorrect information. CMAX simplifies the detailed claims processes by providing edit checks, reference tables and calculations based on HUD's latest regulations, delivering an accuracy rate of 99.6%. The CMAX system virtually eliminates human error due to outdated information or incorrect input during the processing of FHA claims.
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