Streamlined Workflows for Improved Processing Speed and Data Accuracy Automating the Capture and Routing of All Payments and Correspondence In order to streamline remittance processing work with minimal errors, ReMedics enhances the data capture of all payments to include adjustments, zero pays and comments. Integrated to any major Practice Management (PM) System (or multiple systems)
Automated Payment Posting and Reconciliation, Matched to Bank Deposits In today’s healthcare business office, complexities associated with numerous payment sources, along with robotic denials and adjustments by payors, can lead to delays in reimbursement and loss of revenue. Challenges with multiple payment streams and billing/coding errors ultimately reduce profits for provider organizations of all sizes.
Healthcare Claim Denials Are On the Rise – Learn How to Prevent Them ReMedics Denial Management business process automation and worklist solutions quickly isolate claim denials and defects. Denied claims are automatically captured, organized, and routed to the appropriate staff, facilitating timely and effective follow-up with third-party payors. Our extensive data validation processes also help
Streamlined Exception Processing for Today’s Revenue Cycle From remittance processing and data validation through bank reconciliation, ReMedics works to improve our client’s data quality and cash flow by detecting and correcting errors prior to posting. When claims do deviate from the norm and require human intervention, ReMedics creates exception-based worklists, designed to improve staff efficiency
Facilitating Autonomy for Practice Groups through Automated Reconciliation According to an article published by Chief Healthcare Executive® in 2024, corporate entities acquired 5,300 physician practices in 2022 and 2023. The percentage of corporate-owned practices rose 11% in those two years, while hospital-owned practices rose 7.3%. In many cases, these acquisitions occurred within an operating framework
