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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

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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

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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

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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

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Validate payment negotiability of paper originated items

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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

The Office of the National Coordinator for Health IT’s (ONC’s) has issued guidelines for adopting application programming interfaces (APIs) into health data and EHR use. (You can see their report on hospitals’ usage of EHR data here.)

The organizations who signed on to the letter are:

  • American Academy of Family Physicians
  • American Academy of Neurology
  • American Health Information Management Association American Medical Informatics Association
  • CARIN Alliance
  • Microsoft
  • SMART Health IT / Boston Children’s Hospital
  • The Commonwealth Fund
  • The Pew Charitable Trusts

“By supporting secure access of electronic health information and strongly discouraging information blocking, the proposed rule supports the bi-partisan 21st Century Cures Act,” National Coordinator Don Rucker, MD, stated upon proposing the guidelines. “The rule would support patients accessing and sharing their electronic health information, while giving them the tools to shop for and coordinate their own health care.”

As noted in an article at EHR Intelligence:

Using APIs will advance the use of standards to enable seamless communication among operating systems, the signatories said, and also increase the number of data elements available for exchange. The use of APIs transmits information quickly and efficiently between stakeholders to help clinicians to make sound decisions.

Pew agrees with ONC that the Fast Healthcare Interoperability Resources (FHIR) standard should be the standard used on each system. When the most recent version of FHIR is mandatory, it allows for seamless data flow. Mandating the use of FHIR will also prevent proprietary APIs, which could raise interoperability and exchange of data issues. With all systems using the same software, one should be able to plug any app into any EHR.

The OrboNation blog has discussed how healthcare payments face similar issues with their data – most recently in value-based reimbursement (VBR) environments.

The goal for Healthcare payments professionals? Achieve 100% electronification of remittances by using technologies like OrboAccess to convert all paper/PDF-based payments into electronic for utilization within their PMS/HIS systems and denials management solutions.

This blog contains forward-looking statements. For more information, click here.

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