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ease
features
design
support

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Description

The process of posting insurance payments exemplifies the 80/20 principle, where a mere 20% of payments, typically those derived from paper EOBs, can consume a staggering 80% or more of the overall workload. However, the introduction of POWEReob changes the game entirely. This service merges free software with a pay-per-transaction model to transform the paper EOBs you still receive from various payers into electronic remittance files that comply with ANSI 835 or NSF formats. These electronic files facilitate automated payment posting to your practice management system, streamline electronic secondary claims billing, and enhance denials management. Importantly, POWEReob is compatible with any practice management software that accepts remittance files from third-party sources, not just those linked to a specific clearinghouse. For practices without such compatibility, we can collaborate with your management system or clearinghouse to ensure you reap the benefits of fully electronic remittances, ultimately optimizing efficiency and reducing labor costs in the payment posting process. By leveraging this innovative solution, practices can significantly enhance their operational workflows and focus more on patient care rather than administrative tasks.

Description

Remittance advice often encompasses a vast number of intricate transactions, compelling healthcare providers to engage in expensive and time-consuming manual data entry to fulfill essential patient accounting functions. To streamline this process and enhance billing efficiency, many healthcare organizations have adopted cutting-edge computer-aided recognition technologies that can extract transaction-related data from paper documents. Although this technology has demonstrated its capability to accurately pull essential data elements, several processing tasks unique to Explanation of Benefits (EOBs) still need to be tackled to ensure effective implementation. The Optiform eobXL™ for Kofax Capture solution offers a comprehensive suite of features designed to meet these specific requirements, along with data and image integration needs, all presented within an easy-to-use, “point & click” interface. By leveraging this solution, healthcare providers can further reduce the burden of manual data entry and improve overall operational efficiency.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Unicomp Corp. of America

Founded

1979

Country

United States

Website

www.ucoa.com/products-services/POWEReob/

Vendor Details

Company Name

Optiform

Founded

1994

Country

United States

Website

www.optiform.com

Product Features

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

Product Features

Claims Processing

Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration

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