Eliminate data entry
When the data needed to reconcile EOB forms is automatically extracted from scanned or faxed documents, it can be uploaded into billing systems sooner – and exceptions can be identified faster.
Explanation of Benefits Processing
ABBYY AI transforms healthcare claims automation
Improve your revenue cycle management with explanation of benefits (EOB) process automation.
Accounts receivable and EOB processing
Manually entering EOB and remittance data into billing systems creates delays and backlogs that restrict healthcare providers’ cash flow. When these delays occur at the beginning of the process, it is much harder to meet deadlines for secondary billing and denials. ABBYY automates capture of data from EOB and remittance advices – helping providers to recognize revenue sooner and avoid write-offs.
Automatically capture and process data from EOBs
Enhance efficiency
Employees can focus on resolving exceptions and managing denials instead of tedious data entry, improving the revenue cycle. EOB processing automation relieves the burden on staff, and providers can manage peaks in volume without falling behind.
Save time
Locate digital documents in the event of queries or denials in your digital archives instead of spending time searching for paper documents, making copies and sending them to payers.
ABBYY helps healthcare organizations (HCOs) maximize resources
Intelligent automation accelerates claims processing
- Improve cash flow by automation of accounts receivable and easily adapt to increased volume without increasing staff.
- Speed reconciliation, eliminate backlogs and reduce errors.
- Accurately extract data from the most complex EOB forms to support straight-through processing.
With ABBYY, healthcare organizations can:
Reduce risks
Eliminate the inconvenience and potential liability of maintaining inaccurate records.
Reduce errors
Reduce the impact of converting paper and faxed charts by practically eliminating manual data entry.
Stay compliant
Comply with HITECH deadlines as well as Meaningful Use requirements.
Save time
Spend less time looking for paper and more time helping patients.
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Healthcare automation usage scenarios
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Revenue cycle management
Optimize revenue cycle processes to reduce claim denials, ensure prompt payments, and decrease costs by gaining end-to-end visibility into your process execution.
