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Ratings and Reviews 0 Ratings
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What is Vetriq?
Vetriq represents a cutting-edge solution designed to automate the revenue cycle processes within healthcare, particularly focusing on alleviating the burdensome manual tasks linked to payment posting, remittance processing, and financial reconciliation for healthcare providers. By optimizing the handling of Explanation of Benefits (EOB) documents, payer interactions, and bank lockbox transactions, it transforms incoming payment information into well-organized electronic records that can be easily incorporated into revenue cycle management systems. Instead of requiring a complete revamp of a healthcare facility's banking, lockbox services, or existing revenue cycle management infrastructure, Vetriq integrates effortlessly with current banking partners and practice management or EHR systems to enhance pre-existing workflows through automation. Its robust processing engine excels at converting paper EOBs into standardized electronic remittance formats such as 835, which significantly reduces the need for manual data entry and lightens the administrative burden. Ultimately, Vetriq not only boosts the efficiency and accuracy of financial operations for medical organizations but also allows them to preserve their established systems and collaborative relationships. This innovative approach helps healthcare providers focus more on patient care rather than being bogged down by administrative tasks.
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.
Integrations Supported
Availity
Change Healthcare
NextGen
TriZetto
Waystar
XIFIN LIS
athenaOne
eClinicalWorks
Integrations Supported
Availity
Change Healthcare
NextGen
TriZetto
Waystar
XIFIN LIS
athenaOne
eClinicalWorks
API Availability
Has API
API Availability
Has API
Pricing Information
$22 per hour
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
Vetriq
Company Location
United States
Company Website
vetriq.com
Company Facts
Organization Name
Arrow
Date Founded
2020
Company Location
United States
Company Website
arrowhq.com
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
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