Today's healthcare industry generates more than 8 billion claim transactions annually, resulting in $2.7 trillion worth of payments processed through a network of costly channels. Unbelievably, a huge percentage of the processing of these transactions is done manually and on paper - resulting in massive inefficiencies and high-dollar write-offs, estimated to exceed $92 billion each year. A healthcare provider's back-office is typically buried in mountains of claim and payment paperwork. Duplication is rampant, two to three intermediaries handle transactions, payment to providers is always slow - the cost to providers is staggering. At BancTec, we know healthcare. Our decades of experience in technology development help you remove the back-office burden with a strong lineup of superior business process solutions. Offering technology tools designed specifically for the healthcare industry, DocuData can provide solutions designed to:
- Improve efficiency and reduce costs
- Improve collections and increase yields
- Help eliminate write-offs
- Enhance in-process claim visibility
- Improve provider/patient relationships
- Unify separate administrative and financial events between providers, payers and banks
We offer Solutions for ...
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- Backfile Conversion - With set-up costs, systems integration, ongoing maintenance and management requirements — more enterprises are trusting DocuData with managing part or all of their backfile conversion process.
- Claims Processing - Automating claims technology not only streamlines the management process, but dramatically improves customer service through settlement time reduction, best-practice enforcement and personalized service.
- Image Capture & Archive - Storing hard copy documents is becoming increasingly more expensive while customer and staff patience for fast accessibility to information is conversely shrinking.
- Inbound Mail Processing - Most companies easily handle general correspondence, but for some the daily total of incoming items runs into hundreds of thousands. DocuData has a history of providing solutions that transform mailrooms into digital processing centers for the most mail-intensive operations.
- Forms Processing - DocuData's processing technology means data can be captured more accurately, customer accounts can be managed more efficiently and applications approved more quickly.
Next Steps:
1-877-883-7330
Call now, see how our customized solutions fit your business needs, not ours.