Bank of America is your gateway to a comprehensive, end-to-end method for processing your payments, capturing and delivering EOB and supplemental data, and accessing images of remittance information.
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Reduces mail float and accelerates payment collection
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Improves revenue cycle results
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Reduces errors and expenses associated with manual data entry and matching payments to claims
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Automates matching receivables payment application
How it works:
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They scan checks, EOBs and associated detail on our high-speed imaging system and deposit your check payments.
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Then they transmit an image file of checks and documents to HealthLogic where your specific EOB data is lifted using ICR and OCR technology and validated against payer templates/formats.
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HealthLogic matches your captured information against your ANSI x12 837 open claims file (or other proprietary open file format) and keys in any unmatched remittance.
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A HIPAA-compliant file is created and transmitted to you using a secure protocol such as encrypted FTP or HTTP.
LEARN MORE :
http://www.bankofamerica.com
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