Revenue Cycle Outsourcing (RCO) for Complex Business Environments Our client’s Clearinghouses and Banks play an important role in how medical claims are submitted and how insurance payors provide reimbursement back to the organization. In addition to claim submissions and remediation, Clearinghouse services can also include eligibility, referral authorization and claims status information. Banks provide several
Automated Data Extraction & Conversion with Advanced OCR/ICR Solutions Utilizing OCR/ICR with Extensive Rules-based, Machine Learning Techniques With a sizable number of insurance payers still sending paper documents to healthcare providers, ReMedics helps our clients to convert their paper EOBs to ANSI standard 835 electronic files. One of the many technology tools that ReMedics uses
Converting EOBs to 835 Electronic Remittance Advice Optical Character Recognition (OCR) in its simplest form is the process whereby a paper document is scanned and the image is captured for processing data into a specific application, such as paper-based EOBs. The text is extracted from an image and converted into machine readable data (as 835
