Healthcare Remittance Services
RemitConnect® can automate your remittance and payment reconciliation process, reducing time spent on manual postings and delivering faster access to receivables.
Simplifying Healthcare Integrated Receivables
Recent innovations in healthcare integrated receivables management are changing how health systems, hospitals and physician practices manage remittance and payment reconciliation. New technology is addressing many of the challenges facing your organization, including manual processes, disparate systems and wide variation in payment types. There is no better time to evaluate and simplify the way your organization processes integrated receivables.
CommerceHealthcare® can help you streamline the revenue cycle and create a better experience for your patients and staff. Our solutions compliment your current revenue system without requiring lengthy implementation of new technology.
Our integrated receivables management solutions can help your organization:
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Automate manual posting and reconciliation processes.
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Simplify system conversions and mergers by splitting and reconciling posting files across billing platforms.
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Analyze insurance payer payments to ensure a cost-effective process, removing payer credit cards and fees for electronic payments.
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Reduce banking fees related to remittance conversion and lockbox.
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Enroll payers through a dedicated monthly surveillance program.
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Scale payment processes to support rapid growth.
Healthcare Lockbox Services
The CommerceHealthcare® Lockbox service is an efficient and cost-effective payment collection and deposit process designed specifically for healthcare providers.
Award Winning Automation
HFMA has recognized CommerceHealthcare® for outstanding receivables management services. Following an extensive review process, RemitConnect® earned the “Peer Reviewed by HFMA®” designation.
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Taking a strategic view of payments
For most providers, the goal to achieve robust automation in payments to suppliers and patients remains elusive. Further progress depends heavily on adopting a strategic approach to AP payments. The five components of a strategic view delineated in this article help guide this effort.
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Seven questions to guide the evaluation of financial payments solutions.
Automating many of the processes in healthcare finance and revenue cycle management (RCM) remains a high priority within the imperative to drive cost savings, enhance efficiency and generally do more with less. This article proposes seven questions to help guide finance and IT leaders in choosing payments solutions that deliver the desired automation benefits.