Remittance data (either paper or 835 EDI transaction) is captured, accessible for searching, retrieving, downloading and more. Remittance data can also be manipulated into a viewable easy, consistent layout for all payers.
Benefits of Payment Processing Software and Services
Healthcare merchant services can sometimes be time-consuming. High premiums, coinsurance, and deductibles often cause backlogs of paperwork and lead to long billing turnaround times. This leads to outstanding or overdue payments.
You can reduce your billing costs, improve your cash flow, and increase your revenue by updating your payment processing software.
Vendors who offer payment processing software and services typically combine advanced imaging, scanning and data recognition technology to help low and mid-volume remittance processors optimize their operations performance and improve patient relations.
By upgrading, you can transform this cumbersome process to something that is more efficient and streamlined.
Find Your Perfect Match Today
revcyclematch.com reinvents the way you find your next revenue cycle business partner. Our platform is free-of-charge for providers and serves to eliminate false starts and service mismatches that slow down your business and cost you money.
We’ve done the heavy lifting for you, so all that is left is choosing the best fit. Our matching protocol means you only get responses from subscribed vendors who meet your specific business requirements. We value privacy, so revcyclematch.com enables you to search the platform anonymously until you decide to make a match. By using revcyclematch.com, you can quickly and effectively find your next revenue cycle partner.
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