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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 RCM Edge?

RCM Edge is a cutting-edge revenue cycle management solution that utilizes artificial intelligence to optimize medical billing processes for various entities, including clinics, physician practices, hospitals, and larger health systems. The platform enhances the billing workflow, starting from eligibility checks all the way to ensuring reimbursements, and is designed to work seamlessly with existing electronic health record (EHR) and practice management tools. With Edge Verify, users can instantly validate insurance eligibility and benefits through a network of 566 payer connections. Additionally, Edge Claims provides real-time monitoring of claim statuses across 468 payer connections, standardizes the responses received from payers, and organizes claims requiring follow-up into designated queues, allowing staff to focus on more complex cases. By incorporating robotic process automation (RPA), predictive analytics, and providing real-time insights, this platform significantly reduces the manual effort required by staff. Although features like prior authorization, denial management, and accounts receivable follow-up are currently in the development phase and not yet live, RCM Edge is committed to continually advancing its capabilities. This ongoing evolution aims to further optimize the effectiveness and efficiency of revenue cycle management in the ever-changing healthcare landscape.

Media

Media

Integrations Supported

Availity
Change Healthcare
NextGen
TriZetto
Waystar
XIFIN LIS
athenaOne
eClinicalWorks

Integrations Supported

API Availability

API Availability

Pricing Information

$22 per hour

Pricing Information

$200/month
The Professional plan starts at $200 per month. A free 30-day trial is offered. Enterprise pricing is customized.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
On-Prem

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Vetriq

Company Location

United States

Company Website

vetriq.com

Company Facts

Organization Name

ISpectra Technologies Global

Date Founded

2023

Company Location

United States

Company Website

rcmedge.ai/

Categories and Features

Categories and Features

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