Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Every week, businesses receive millions of envelopes containing checks and payment coupons. All of these must be processed quickly. Processing large amounts of payments has required many bureaucratic decisions to review each payment and process it. This labor-intensive task can take a lot of time and may require temporary workers to complete the job. Imagine if you could speed up your remittance processing by reducing human interactions. The Informa Remittance Processing solution can help you achieve true efficiency. We have seen some of our clients achieve straight-through-processing (touchless) rates as high as 80 to 90%. This all leads to fewer errors and faster payments.

Description

Vetriq is an innovative platform aimed at automating healthcare revenue cycle processes, specifically targeting the tedious manual tasks associated with payment posting, remittance handling, and financial reconciliation for medical facilities. By streamlining the management of Explanation of Benefits (EOB) documents, payer communications, and bank lockbox transactions, it effectively turns incoming payment details into organized electronic data that can be easily integrated into revenue cycle management systems. Rather than necessitating a complete overhaul of a healthcare organization's banking, lockbox services, or existing revenue cycle management framework, Vetriq seamlessly connects with current banking partners and practice management or EHR systems to enhance existing workflows through automation. Its powerful processing engine is capable of converting paper EOBs into standardized electronic remittance formats like 835, which not only eliminates the burden of manual data entry but also dramatically lessens the administrative workload. Ultimately, Vetriq empowers medical organizations to improve efficiency and accuracy in their financial operations while maintaining their established systems and relationships.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Availity No 
Change Healthcare No 
NextGen No 
TriZetto No 
Waystar No 
XIFIN LIS No 
athenaOne No 
eClinicalWorks No 

Integrations

Availity Yes 
Change Healthcare Yes 
NextGen Yes 
TriZetto Yes 
Waystar Yes 
XIFIN LIS Yes 
athenaOne Yes 
eClinicalWorks Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$22 per hour
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Informa Software

Founded

2001

Country

United States

Website

www.informasoftware.com/remittance-processing/

Vendor Details

Company Name

Vetriq

Country

United States

Website

vetriq.com

Product Features

Product Features

Revenue Cycle Management

Accounts Receivable No 
Claims Management No 
Collections Management No 
EHR/EMR Integration No 
For Healthcare No 
ICD-10 Compliance No 
Insurance Verification No 
Medical Billing No 
Patient Portal No 
Patient Registration No 
Patient Scheduling No 
Payment Processing No 

Alternatives

TELCOR RCM Reviews

TELCOR RCM

Telcor

Alternatives

EXACTO Invoice Reviews

EXACTO Invoice

HCL Software
TELCOR RCM Reviews

TELCOR RCM

Telcor
Tungsten MarkView Reviews

Tungsten MarkView

Tungsten Automation
CureAR Reviews

CureAR

TechMatter