November 2011 Newsletter
RemitMax: Reengineer Your Paper Remittance and Correspondence Processing
One of the major problems in many billing offices is the clutter, cost, and inconvenience of paper. The average cost of handling a paper document is between three and five dollars. That cost includes many hidden factors such as mailroom processing, filing, storage, and retrieval. As you know, there is no guarantee that a paper document is going to be easily found when needed. Plus the storage management of paper itself is a cumbersome task and security risk.
Having to manage paper is now a thing of the past. There is a solution available to help achieve a paperless environment. RemitMax is a way to reengineer paper processing by eliminating incoming paper, cutting costs, and increasing posting accuracy and consistency. Being able to process documents electronically is a key component to this product and will streamline your billing office.
RemitMax is designed to offer a complete solution for any paper dissatisfaction your office may be experiencing. RemitMax will streamline the processing of paper documents by providing these documents as secure electronic images and electronic transactions. Being able to process electronically rather than manually is less costly, faster, and more accurate, and it helps enforce standard operating procedures. Not only does this solution include EOB-to-835 conversion with detailed ANSI reason and remark codes for all payers, but it also provides conversion of patient payments to 835s and electronic classification of correspondence with detailed indexing. RemitMax also includes integration with OnBase™ (Enterprise Content Management System), HARP, Xpeditor and image lockboxes with workflows and queues to allow you complete control of your electronic content. Just as we do for payer transmissions, Quadax provides robust transmission controls for monitoring the transmission and status of all necessary files.
We understand the Healthcare Revenue Cycle and developed RemitMax to help control and improve it. Rather than just address a portion of the paper clutter, with RemitMax we have addressed all the challenges associated with paper remittance and correspondence processing to help make your job easier. This product has been fine-tuned within our own billing office and has so much to offer as it will completely restructure paper processing in any office. We have several accounts that are utilizing this product with remarkable results. The RemitMax team is excited to offer this product to our HARP and Xpeditor customers and even more excited about helping you streamline your billing office.