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Comerica Healthcare Receivables AutomationSM

With nearly a third of every healthcare dollar being spent on paperwork and other labor intensive administrative costs, healthcare providers have told us they need to streamline their back-office operations in order to reduce costs. With this web-based platform for electronic remittances, the Comerica Healthcare Receivables Automation is a powerful solution to help our healthcare customers achieve their cost-reduction goals.

The Comerica Healthcare Receivables Automation Solution, powered by Revenue Management Solutions (RMS), is designed to expedite payment processing for healthcare providers, helping create a more efficient healthcare system. We know how the sheer number of payments and data received, multitude of forms and formats, and the mandated regulatory compliance and control process can quickly overwhelm your system. So our Healthcare Receivables Automation solution delivers a normalized payment stream to improve automation, collection, claims management, and denials.  It will also help to lower the administrative costs associated with these services and get healthcare expenses under control.


Benefits

 

  • Converts paper Explanation of Benefits (EOB) to ANSI 835 or proprietary file formats
  • Provides ERA consolidation
  • On-line access to Healthcare information
  • Enables claim to remit to payment matching and reconciliation
  • Decreases revenue cycle days, increases total dollars collected, and significantly reduces the costs of back-office operations
  • 7 year storage and archive or healthcare documents

 

Features

 

  • Reconciles payment to remittance to claim
  • Automates secondary billing and cost analysis
  • Denial management solution
  • Customized reporting using your own data
  • Integrated contract management functionality
 
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