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About

Millions of envelopes that contain checks and payment coupons arrive to businesses every week, all of which need to be processed in a timely manner. Traditionally, processing large amounts of payments have required many bureaucratic decisions to review and process each payment. This labor-intensive task is extremely time-consuming and often requires the addition of temporary employees to complete the job. What if you could accelerate your remittance process by cutting down human interactions significantly? With the Informa Remittance Processing solution, you can realize true efficiency. We have seen some of our clients achieve straight-through-processing (touchless) rates as high as 80 to 90%. It all adds up to fewer errors, greater efficiency, lower costs, more information, and faster payments.

About

Vetriq is a healthcare revenue cycle automation platform designed to eliminate manual processing tasks involved in payment posting, remittance handling, and financial reconciliation for medical organizations. It focuses on automating the workflow around Explanation of Benefits (EOB) documents, payer correspondence, and bank lockbox deposits, converting incoming payment information into structured electronic data that can be automatically posted into revenue cycle management systems. Instead of requiring healthcare organizations to replace their bank, lockbox provider, or existing RCM infrastructure, Vetriq integrates with current banking relationships and practice management or EHR systems, layering automation on top of existing workflows. Vetriq’s automated processing engine transforms paper EOBs into standardized electronic remittance files such as 835 formats, eliminating the need for manual data entry and significantly reducing administrative workload.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Companies that need a remittance processing automation solution

Audience

Healthcare revenue cycle management teams and medical billing departments that need a solution to automate EOB processing, payment posting, and financial reconciliation workflows

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

$22 per hour
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Informa Software
Founded: 2001
United States
www.informasoftware.com/remittance-processing/

Company Information

Vetriq
United States
vetriq.com

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CureAR

CureAR

TechMatter
Tungsten MarkView

Tungsten MarkView

Tungsten Automation
AQ2 Remittance

AQ2 Remittance

AQ2 Technologies

Categories

Categories

Integrations

Availity
Change Healthcare
NextGen
TriZetto
Waystar
XIFIN LIS
athenaOne
eClinicalWorks

Integrations

Availity
Change Healthcare
NextGen
TriZetto
Waystar
XIFIN LIS
athenaOne
eClinicalWorks
Claim Informa Remittance Processing and update features and information
Claim Informa Remittance Processing and update features and information
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Claim Vetriq and update features and information