Informa Remittance Processing

Whether you are an independent reference lab, a pathology practice, an outreach lab or a public health lab, TELCOR RCM billing software provides the tools to overcome tough billing challenges and improve profitability. Perform claim submission, claim monitoring, remittance processes, AR management, client and patient billing, and much more for multiple NPIs all in a single revenue cycle management solution. Minimize billing staffing needs and maximize revenue cycle productivity by using the right tools to automate daily billing functions such as claims submission, collecting patient information, as well as generating revenue cycle management financial reports. Eliminate labor-intensive manual adjudication processes by processing electronic payments received from your payers via 835 ERAs or from your bank via lockbox payment files. Send quick and easy-to-understand billing communication to patients, simplify your patient billing process, and make it easier for patients to pay.

Traditionally, Invoice processing has been among the most time-consuming and error-prone tasks in any organization. Every day, invoices worth billions are processed thereby making it cumbersome for the accounts payable department to verify, extract data manually, download and finally process data for payments. The advent of digital transformation has accelerated automation of this process thereby improving efficiency, effectiveness, reducing manual errors, and enabling enterprises to save cost. EXACTO™ Invoice is HCL’s patented Artificial intelligence, Deep learning & NLP-based document processing platform designed specifically for capturing data from invoices, receipts, and purchase orders. Integrating seamlessly with multiple sources, EXACTO™ Invoice can process documents in more than 13 languages and provides AI/ML-based document classification & Digitization capabilities.