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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 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.

Media

Media

Integrations Supported

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

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub

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

Unicomp Corp. of America

Date Founded

1979

Company Location

United States

Company Website

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

Categories and Features

Medical Lab

Multi-Location Printing
Procedure-Based Billing

Pathology

Not specified

Categories and Features

Claims Processing

Not specified

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