RemitMax: Your complete solution to modernize paper remittance and correspondence processing
If your business office is still bogged down by paper remittance advice and EOBs, you know that handling paper remittance documents is not only inconvenient, it’s costly, too. Hidden factors such as mailroom processing, filing, storage, and retrieval, not to mention the need for manual posting, can cause the average handling of a single paper remit or EOB to cost anywhere from three to four dollars. Aside from being costly and inefficient, paper processing can also pose a security risk.
It took Quadax expertise to develop a system that works for converting paper EOBs to ANSI X12 835 files. RemitMax™ by Quadax gives you detailed 835s that allow for proper follow-up and denial reporting, allowing you to complete your denial management process.
RemitMax also enables you to store, workflow, and retrieve electronic documents through a robust enterprise content management system that can be integrated with most hospital and practice information systems. You will be able to quickly retrieve electronic documents associated with patient accounts, improving efficiency and productivity.
The Quadax RemitMax system is fully bank-agnostic, working with any bank image lockbox. And, our specialized implementation team collaborates with every client to streamline workflow and discuss best practices.
Don’t settle for a half-solution! Contact us to learn more about the complete RemitMax solution for eliminating paper handling of payment and denial documents.
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