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What is POWEReob?

The act of processing insurance payments serves as a clear illustration of the 80/20 rule, where a small fraction of payments, often those stemming from traditional paper EOBs, can account for a disproportionate share—up to 80% or more—of the total workload. The advent of POWEReob revolutionizes this scenario by integrating free software with a pay-per-transaction structure, transforming the paper EOBs received from various payers into electronic remittance files that adhere to ANSI 835 or NSF standards. These digital files enable automatic posting of payments to your practice management system, simplify the billing of electronic secondary claims, and improve the management of denials. Notably, POWEReob is designed to work seamlessly with any practice management software that accepts remittance files from external sources, ensuring versatility beyond specific clearinghouse requirements. For those practices that may lack this compatibility, we are ready to partner with your current management system or clearinghouse to guarantee that you can benefit from fully electronic remittances. This approach ultimately enhances efficiency and minimizes labor costs associated with the payment posting process. By adopting this cutting-edge solution, practices not only improve their operational workflows but also free up valuable time to concentrate more on providing care to patients, effectively bridging the gap between administrative efficiency and health services.

What is Majesco ClaimVantage?

The impact of digital technologies on the insurance industry is significant, with companies that embrace these advancements poised to achieve a substantial competitive advantage. Traditional claim management processes that depend on multiple platforms, physical paperwork, and labor-intensive workflows are increasingly being replaced by cloud-based enterprise claim management systems. One such solution, the Majesco ClaimVantage Claims Management Software for Life and Health, streamlines the claims process from initial intake to payment calculations, all while integrating various systems to improve information flow across the organization. By facilitating accurate and timely claim decisions, businesses can enhance customer satisfaction and increase operational efficiency. Furthermore, built on the Salesforce Lightning Platform, Majesco ClaimVantage not only helps insurance companies and third-party administrators modernize their claims handling but also prepares them for future growth opportunities within the industry. As technology continues to advance, adopting such innovative tools will be essential for maintaining long-term competitiveness and success. Ultimately, the ability to adapt and evolve will determine which companies thrive in this rapidly changing environment.

Media

Media

Integrations Supported

Majesco

Integrations Supported

Majesco

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Unicomp Corp. of America

Date Founded

1979

Company Location

United States

Company Website

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

Company Facts

Organization Name

Majesco

Company Location

United States

Company Website

www.majesco.com/majesco-claimvantage-claims-management-software-for-lh/

Categories and 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

Categories and 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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