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What is TELCOR RCM?

No matter if you function as a standalone reference laboratory, a pathology clinic, an outreach testing facility, or a public health lab, TELCOR RCM billing software provides vital resources to address intricate billing challenges and improve your bottom line. This all-encompassing revenue cycle management system aids in submitting claims, tracking, processing remittances, managing accounts receivable, and handling billing for both patients and clients while supporting multiple NPIs. By utilizing advanced technology, you can minimize the reliance on a large billing team and significantly enhance your revenue cycle's productivity by automating routine tasks like submitting claims and collecting patient data, in addition to producing in-depth financial reports. Furthermore, you can optimize payment processing by automating the handling of electronic payments from payers through 835 ERAs or bank lockbox files, thus removing tedious manual adjudication processes. Enhancing communication regarding billing with patients can also streamline their experience, making payment methods faster and more user-friendly, which ultimately leads to a more efficient revenue cycle. This comprehensive strategy not only boosts operational efficiency but also significantly improves the overall experience for healthcare providers and their patients alike, making it a crucial element in today’s healthcare environment.

What is Arrow?

Arrow functions as a comprehensive solution for managing the intricacies of healthcare revenue cycles, improving and streamlining payment procedures through the automation of billing, claims processing, and predictive analytics, which significantly supports both providers and payers in reducing administrative burdens, minimizing denial rates, and accelerating the collection process. By seamlessly integrating workflows, data, and artificial intelligence, Arrow empowers teams to detect claim errors before submission, address denials with thorough root-cause analyses and straightforward corrective measures, and receive real-time updates on claim statuses directly from payers. The platform also simplifies the incorporation of Explanation of Benefits (EOB) and Electronic Remittance Advice (ERA) data into an easily accessible format, while providing essential revenue intelligence that offers insights aimed at enhancing the revenue cycle. Additionally, it ensures payment accuracy by closely monitoring for any discrepancies such as underpayments or overpayments according to payer agreements. Furthermore, Arrow’s cutting-edge functionalities foster a more efficient healthcare payment ecosystem, ultimately resulting in better financial results for both providers and payers, thereby contributing to a more sustainable healthcare environment.

Media

Media

Integrations Supported

Avalon Laboratory System
CGM LABDAQ
Dendi LIS
IAL (InterActive Lab)

Integrations Supported

Avalon Laboratory System
CGM LABDAQ
Dendi LIS
IAL (InterActive Lab)

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

Telcor

Date Founded

1995

Company Location

United States

Company Website

telcor.com/revenue-cycle-management/discover-telcor-rcm/

Company Facts

Organization Name

Arrow

Date Founded

2020

Company Location

United States

Company Website

arrowhq.com

Categories and Features

Medical Lab

Audit Trail
Data Analysis Auditing
Data Security
EMR Interface
Fax Management
Lab Instrument Interface
Multi-Location Printing
Online Instrumentation
Physician Test Panels
Procedure-Based Billing
Sample Tracking

Revenue Cycle Management

Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing

Categories and Features

Revenue Cycle Management

Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing

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