36 This unique service is achieved by using proprietary Optical Character Recognition (OCR) techniques and workflow processes to electronically read line item data from the paper based medical claim remittance form commonly referred to as the Explanation of Benefit (EOB) and providing and analysis of the validity of the payment amount The line item data from the EOB is compared to the insurance company contracted rate and to the billed charges to determine improper or under reimbursement Electronic data entry of EOB line item data, timely analysis of the paid claim and comprehensive reports help eliminate the traditional labor intensive, paper intensive payment process for the healthcare Provider
Trademark: 76240701
