Laboratory Reimbursement Solutions
Automate the remittance and payment process workflow while identifying underpayments using analytics to achieve faster reimbursement.
Reimbursement Management Software
Collect more with greater control, fewer resources and less work
At Quadax, our clients respond to declining reimbursement pressures in various ways. At one end of the spectrum, they pursue consolidation or outsource their revenue cycle management to us. Others reduce personnel and use a hybrid solution of software and outsourcing services. And at the other end of the spectrum, we see administrators use our software in-house to manage revenue cycle management on their own.
Regardless of the delivery model clients choose, our reimbursement management tools accurately predict reimbursement as services are processed, and monitor achievement of those results. You can analyze trends to develop reimbursement strategies that minimize your DSO and maximize your recovery. With Reimbursement Management by Quadax, you have the control to fine-tune your entire revenue cycle operation for optimal results.
Working with your lockbox EFT and ACH payment services, our system efficiently reconciles your deposits against your accounts receivable. Using automation and labor-saving tools to post ERAs and hardcopy EOBs, the Quadax Reimbursement Management solution helps reduce the need for manual payment posting.
Reduce Errors & Manual Labor
Electronic Remittance Processing
Quadax’s electronic remittance advice feature saves time and improves the accuracy of billing records by automatically adjudicating payments, overpayments, underpayments, write-offs, chargebacks, patient transfers, and secondary insurance transfers. Using the ERA feature, staff will spend less time recording and balancing an insurance check.
RemitMax by Quadax streamlines your billing office workflow and saves those hard-earned dollars by eliminating paper. Adding RemitMax to your remittance management strategy allows you to get control of all your remittance and correspondence documents—even patient payments—that you or your lockbox now receive on paper. And, the 835s created by RemitMax are subject to the same automation that’s afforded within the Claims Management and Denial Management solutions, such as automated COB claims, denial management workflow and robust data analytics allowing for a more accurate picture of the entire revenue cycle.
Revenue Cycle Analytics
Intelligence by Quadax
To remain competitive, leaders need to be able to strategize to maintain a pulse on their financial health, and they need access to their revenue cycle data in order to make sensitive and immediate business decisions that support revenue growth and organizational goals. Intelligence by Quadax is a critical reporting and analysis solution to help achieve those goals. Gain insight into your data, achieve efficiency gains and improve financial performance. Components of Intelligence by Quadax include: Decision Intelligence, Predictive Intelligence and Data Intelligence.
Consulting & Reimbursement Support Services
Rely on the Experts
While we offer an industry-leading purpose built RCM solution, Quadax’s greatest strength is our experience around implementation and ongoing support given our extensive history of meeting a variety of billing, reimbursement and industry challenges. The client service team is supplemented with various dedicated resources within Quadax to react quickly to client needs, not only during implementation but throughout the engagement.
We are at your side
Let’s take on the revenue cycle together!
Learn more about the revenue cycle solutions we offer for high-performing healthcare organizations.