Electronic and Paper Data Capture for All Remittance Posting & Follow-Up
ReMedics utilizes virtual posting workflows to improve remittance posting and correspondence follow-up, reducing system errors and internal processing costs. We enhance the capture of payments, adjustments, zero pays and comments by seamlessly integrating to your existing Practice Management System (PMS) and a ReMedics hosted Document Management/ECM System. We implement a series of automated validation rules and QA processes that identify systematic errors and missing data. For paper-based claims that lack EDI automation, we transform the EOBs utilizing ReMedics proprietary key from image software and Artificial Intelligence (AI) technology. In systems that support electronic uploading of remittance data, our workflow automation technology and BPO services work simultaneously to post all your payments (electronic and/or paper) in a timely manner. By automating processes in data capture, your payment processing gets done sooner with less handling of errors.
ReMedics Data Capture/Intake Benefits
- 100% remittances online to one lockbox location
- Reduced administrative expenses with faster turnaround of payments
- Patient eligibility and benefits verified, lowering account receivables
- Review of claim status and remittance documents, spending less time on the phone
- System errors identified, remark codes applied and payments quickly resolved
- Transactions set up to be automatically generated in daily workflow
By capturing and routing correspondence through rules-based workflows, items can be entered and worked faster, thereby reducing turn-times and increasing productivity. The key is having a solution capable of capturing correspondence in all forms including scanned mail, faxes, emails, or any other type of document. Using the latest best-of-breed tools and centralized document management repository, tasks such as auto-indexing, auto-classification and correspondence routing automatically directs documents to the appropriate personnel.
Wholesale Lockbox for 3rd Party Insurance Payments
Lockbox services for healthcare providers is essential toward reducing slow, time-consuming paper-based payments. With lockbox services for 3rd party insurance payments, your revenue cycle is more streamlined, reducing manual back-office posting processes and decreasing claim to payment delays.
Retail Lockbox for Patient Statements
Retail lockboxes provide end-to-end electronic handling of patient statements. A streamlined, customizable workflow reduces processing time by several days, helping clients to receive timely payments made online. Utilizing a secure web portal, a retail lockbox provides a central point for viewing and reporting electronic payment information.