Resources

Check out our reservoir of information related to check recognition and healthcare payment technologies. We frequently update this section with the latest news, trends, and analysis of the banking and healthcare industries.

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Platform Modernization

Both the financial and healthcare industries are undergoing modernization initiatives in check payments and remittance.  See how OrboGraph is using AI, self-learning and deep learning models to drive innovation in these industries to deliver workflow automation.

Platform Modernization

Modernizing payments in the banking and healthcare industries

AI, Self Learning & Deep Learning Technologies

Optimized AI and deep learning models for the automation of check processing and healthcare posting

Operationalizing AI & Self Learning in Checks

Revolutionizing check processing and fraud prevention for the banking industry

Delivering Healthcare Payment Electronification

Increased accuracy levels, decreased error rate for healthcare payments posting

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Healthcare Payments

OrboAccess automates remittance and payment posting as well as enables full research and business intelligence analysis for RCM companies, clearinghouses, billers, and providers.

Access EOB Conversion

Delivers EOB/EOP electronification with information intelligence via AI and deep learning technologies

Access Correspondence Letters

Extracts posting data and tracks reimbursement progress via workflow management

Access Payment Reconciliation

Streamlines the reconciliation process of ERA, ACH, EOB and checks

Access Patient Payments

Automates patient payments for posting

Access Denial Intelligence

Spotlights trends in denials to reduce receivables via prevention

Healthcare Payments Automation Center

Scalable, reliable, flexible cloud-based hosted data center on Amazon Web Services (AWS)

Check Processing

OrboAnywhere automates paper originated payments (i.e. checks, money orders, drafts) and remittances for balancing and posting while reducing risk and losses in the areas of check fraud, payment negotiability and compliance.

Anywhere Fraud

Transaction and image analysis for on-us and deposit fraud detection of counterfeits, forgeries, and alterations.

Anywhere Recognition

Divergent multi-engine CAR/LAR, ICR, OCR & AI check recognition for the Omnichannel

Anywhere Validate

Validate payment negotiability of paper originated items

Anywhere Payee

Match, read, and validate payees for risk and operational workflows

Anywhere Positive Pay

Payee name verification of business checks using issue files

Anywhere Compliance

Mitigate risk in check payments for OFAC, BSA/AML, UCC, Reg CC, and KYC

Restrictive Endorsement

Automatic validation of restrictive, mobile and non-restrictive endorsements

Traditional Products

Based on the Accura XV platform

Access Denial Intelligence Now Available from OrboGraph for Durable Medical Equipment (DME) Marketplace

Market research by Commonwealth Health Advisors identifies major revenue collection challenges

Billerica, MA, June 21, 2017 – OrboGraph a premier developer and supplier of intelligent electronic/paper automation solutions in healthcare revenue cycle management (RCM), as well as recognition solutions, image validation and check fraud detection for the U.S. check processing market, has released the Access Denial IntelligenceSM module of OrboAccessSM to the durable medical equipment (DME) marketplace.

Access Denial Intelligence analyzes denied claim data from a wide range of payment and remittance sources including EOBs, EDI 835s and Correspondence letters, enabling providers to identify and uncover hidden denial trends. The benefits of the system falls into two major categories:

  • Denial Insight: Use of business intelligence technology to uncover insights which empower a healthcare provider to proactively make focused and effective changes to current claims preparation and submission processes
  • Denial Process Support: Reprioritizes denial worklists based on custom criteria, such as greatest number of denials by source, denial amount ranges, CARCs, RARCs, Payers, CPT/HCPCS, Dx codes, etc.

Market research completed by Commonwealth Health Advisors of Boston Massachusetts, on behalf of OrboGraph, found that DME providers have several major financial and operational challenges which can be resolved via the use of software technology.

“We have identified that many of DME providers do not have the tools in place to adequately track, report and manage the overall process. The ability to uncover priorities in the data can significantly reduce receivables, collections and days sales outstanding (DSO),” stated Henri Cattier, Partner at Commonwealth Health Advisors.

OrboAccess also supports the denial process by extracting posting data and denial information from EOBs, EOPs and correspondence letters providing an unprecedented denials tracking. Access EOB Conversion can achieve 100% payment and remittance electronification, faster cash posting with less errors, and improved research efficiency.

“The sheer number of private payment insurance companies, secondary claim submissions and various payer requirements makes the tracking of denied claims paramount to the business model of a DME company,” stated OrboGraph Co-President, Barry Cohen.

For more information, contact Joe Gregory at joe.gregory@orbograph.com or https://orbograph.com/orboaccess/.

 

About OrboGraph 
OrboGraph (www.orbograph.com), a subsidiary of Orbotech, is a premier developer and supplier of intelligent electronic/paper automation solutions in healthcare revenue cycle management (RCM), as well as recognition solutions, payment negotiability and check fraud detection for the U.S. check processing market. The company mantra, “intelligent payment automation,” describes how intelligent technologies are applied so payment posting becomes an automated process and information is accessed and analyzed via a variety of business intelligence, analytics and user interface capabilities. Nearly 2,000 financial institutions, service bureaus, clearinghouses and billers rely on OrboGraph technology to process billions of checks, EOBs, correspondence letters and claims annually.
About Commonwealth Health Advisors
Commonwealth Health Advisors (http://www.cwhadvisors.com/) is a strategic advisory firm that provides growth acceleration services to healthcare technology firms working with provider organizations. CHA executives bring significant experience in cloud-enabled healthcare services across multiple categories including revenue cycle, electronic health records, practice management, chronic care management and consumer healthcare payment technologies.

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Press Contact:
Joe Gregory
Vice President of Marketing
joe.gregory@orbograph.com
978-667-6037 Ext. 5046

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