BankingQ™
Automated bank posting and medical payment reconciliation
Eliminate and transition to faster, cleaner electronic claims. Electronic processing through a medical clearinghouse allows for quick error detection and the ability to submit batches of claims simultaneously.
Manual paper claims often see error rates up to 28 percent. By switching to electronic submission through a clearinghouse, error rates can be reduced to 2-3 percent. This is achieved by proactively correcting mistakes in claims, ensuring a high first-pass accuracy rate, and preventing lost transactions.
Lower administrative expenses, minimize bad debt, and speed up payments through claims automation, while also enhancing visibility into your organization’s financial health. Streamline your accounts receivable cycle by identifying inefficiencies and reducing gaps.
Handle 270/271 real-time or batch eligibility requests efficiently. Determine patient coverage prior to service and expedite payment collection.
“Since New England Accounts Receivable Management Inc.’s inception we have put our trust in (this) clearinghouse service. I am always impressed; they are attentive and helpful, even for the smallest of problems. I would never consider leaving.”
Diane Desantis, President/Owner New England Accounts Receivable Management Inc.
View your clean claim ratio and stats around claims status and denials
Monitor your clean claim rate, and analyze statistics related to claim statuses and denials
Seamlessly integrates with your revenue cycle management systems, including ImagineOne
HIPPA compliant, PHI protected and cloud-based platform