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TMR Bank Solutions

Healthcare Remittance Automation

Win and lock in profitable medical accounts!

 

TMR’s medical payments processing solution gives your bank the tools to win the lucrative accounts of healthcare providers. We integrate our CITATION payment solutions with a proven healthcare revenue cycle management system to give you a robust, automated capability. Even small lockbox departments can easily manage the processing of the huge amounts of associated data that has become one of today’s most labor-intensive and costly back-office functions for healthcare facilities.

 

Explanation of Benefits (EOB) and their electronic equivalents Electronic Remittance Advices (ERA) vary by insurance provider, forcing medical providers to create different posting rules from one insurance payer to the next. Together with our industry experts we have the ability to convert paper and consolidate electronic healthcare data into one reconciled posting file for your medical clients!

 

By removing the headache of handling complex healthcare payment transactions, you provide physician groups, hospitals, walk-in clinics and other medical providers with a valuable service that gives you a unique competitive edge. Your bank reaps the rewards of low-cost core deposits and gains an inside track to develop the personal accounts and profitable treasury management services of doctors and medical staff.

 

TMR has partnered with industry experts to provide sales and marketing support services to help capture this dynamic and profitable business opportunity.

 

See How You Can Win The Healthcare Account
Remittance Automation Features
  • Converts all remittances received as paper Explanation of Benefits (EOBs) to ANSI 835s for automated posting to healthcare practice management systems
  • Consolidates the EOBs with Electronic Remittance Advices (ERAs) in one central, online repository for reporting capabilities
  • Automates the remittance and posting process, reducing back office costs, lowering accounts receivable days and increasing accuracy and efficiency
  • Saves research time using one consolidated online archive
  • Reduces A/R days
  • Frees staff from redundant tasks

 

See everything i-Remit can do – download the Healthcare Remittance Automation features here.

 

 

766 N. State Road 434
Altamonte Springs, FL 32714
Phone: +800-867-2249
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