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What is eobXL?

Remittance advice frequently involves a multitude of complex transactions, leading healthcare providers to undertake labor-intensive and costly manual data entry to support critical patient accounting tasks. To optimize this workflow and boost billing productivity, numerous healthcare organizations are turning to advanced computer-aided recognition technologies capable of extracting transaction-related information from physical documents. While this technology has proven effective in accurately retrieving key data elements, there remain various processing challenges specific to Explanation of Benefits (EOBs) that must be addressed for successful implementation. The Optiform eobXL™ for Kofax Capture solution provides a well-rounded array of features tailored to meet these particular needs, including data and image integration requirements, all accessible through a user-friendly, “point & click” interface. By adopting this innovative solution, healthcare providers can significantly minimize the demands of manual data entry, thereby enhancing overall operational efficiency. As a result, practitioners can focus more on patient care rather than administrative burdens.

What is Informa Remittance Processing?

Each week, businesses handle countless envelopes filled with checks and payment coupons that require swift processing. The necessity of processing such a high volume of payments has led to the implementation of numerous bureaucratic steps for reviewing and handling each transaction. This meticulous, labor-intensive process can be time-consuming and often necessitates the hiring of temporary staff to manage the workload. Imagine the possibilities of enhancing your remittance processing by minimizing the need for human involvement. The Informa Remittance Processing solution is designed to help you realize significant efficiency gains. Many of our clients have reported achieving remarkable straight-through processing (touchless) rates ranging between 80 and 90%. The outcome of this improvement is a reduction in errors and an acceleration in payment cycles, ultimately benefiting the entire organization. Embracing such a solution can transform your payment processing experience remarkably.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

SaaS
Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

Optiform

Date Founded

1994

Company Location

United States

Company Website

www.optiform.com

Company Facts

Organization Name

Informa Software

Date Founded

2001

Company Location

United States

Company Website

www.informasoftware.com/remittance-processing/

Categories and Features

Claims Processing

Electronic Claims
Forms Management
Paper-Based Claims
Payor Management

Categories and Features

Receipt Scanner

Not specified

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