EOB Processing for Healthcare
Don't let long Explanation of Benefits (EOB) retrieval times slow down your organization. Large volumes of remits stored offsite or in locations requiring a courier can negatively impact your entire revenue cycle and decrease patient satisfaction.
With our solution for EOB processing, your organization can electronically capture and automatically index EOBs into documents that are tied to records in your patient accounting system. Since multiple users can access a document simultaneously, there’s no need for copying and faxing or even expensive offsite storage facilities. EOB data can even be extracted and formatted in HIPAA EDI formats for automated payment posting purposes.
Users throughout your enterprise can use our easy-to-use interface to retrieve the information they need for billing and claims purposes — at the patient level. No more manual searching through EOBs to find the needed transaction. There are also downstream advantages such as contract validation and denials management.
