MediStreams Partners with Healthpac Adding the Conversion of Paper EOBs to ANSI 835s to the Healthpac Billing Software
| PR Web |
Processing paper EOB statements has become one of the most labor-intensive and costly back-office functions for healthcare providers today. The MediStreams solution automates the posting of 100% of remittances, regardless of the original source or format of the EOB or remittance. Using a combination of OCR, a sophisticated rules engine and single-click correction technology, MediStreams converts paper EOBs or electronic remittance into a standardized electronic posting file. Paper and electronic remittances are posted in an automated fashion, reducing back office costs, lowering accounts receivable days and increasing accuracy and efficiency eliminating manual data entry.
“The Medistreams project interfacing with Healthpac’s dynamic HplusPRO system has been a tremendous success. I would like to thank
According to
By integrating Medistreams Medical Banking module, professional billing companies and provider sites using Healthpac can add significant efficiencies, cost reductions and reduce DSO. Medistreams integration with Healthpac immediately illuminates revenue opportunities for its users that other PMS's struggle to identify in a timely manner, if at all.”
About
MediStreams is a Healthcare Revenue Cycle Management company with a focus on streamlining the remittance process. The innovative approach to their implementation process allows them to onboard providers quickly; lowering the barrier to entry for these cost saving services. They integrate with most of the industry leading patient accounting and practice management systems to deliver payment posting files that meet the specific requirements of their customers. MediStreams meets audited benchmarks for high availability while exceeding generally accepted standards for security and compliance. For information visit http://www.medistreams.com or call (888) ANSI-835.
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Read the full story at http://www.prweb.com/releases/2011/12/prweb9059568.htm
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