Skip to content

AI Innovation

Both the financial and healthcare industries are undergoing an AI evolution. Review our vision for Artificial Neural Networks (ANN) and deep learning targeting these industries.

AI and Deep Learning-Based Check Processing

Check recognition & fraud detection are the most important components in today's check processing and omni-channel capture. Learn how OrboAnywhere using OrbNet AI technology reduces costs and mitigates risk for any check image capture workflow.

AI-Based Healthcare Electronification

OrboAccess, powered by OrbNet AI, provides electronification to remits and payments, enabling RCM companies to automate posting, improve research, and deliver business intelligence

About Us

Celebrating 25 years of innovation, OrboGraph has transformed into an AI company delivering targeted automation solutions to the banking and healthcare industries.


From news and events to case studies, trends, and videos, this section provides a range of information resources for payment automation in the banking and healthcare industries.


OrboGraph produces four blog series on a weekly basis covering topics from check processing, fraud prevention, AI technologies, RCM, and healthcare electronification. Select one the blog to the right. We hope you enjoy!

Key Benefits of Obamacare on Healthcare Payments

The Affordable Care Act (ACA), aka Obamacare, is unlikely to bring together Republicans and Democrats. But ACA is bringing innovation to healthcare payments arena. Standards within the law make it easier to reconcile electronic funds transfer (EFT) payments, most commonly Automated Clearing House (ACH) transactions, received by providers with the corresponding electronic remittance advice (ERAs), including EDI 835 or EOBs.

This opens the door for banks to play a larger role in healthcare payments, resulting in new fee income, greater cross-sell opportunities, and stronger customer relationships in a lucrative market. In fact, banks can be “the hero” for some providers based on several interesting factors:

  • Nearly $20 billion per year is wasted on health claims, billing, and payments by check to doctors and hospitals finds the National Progress Report on Healthcare Efficiency, U.S. Healthcare Efficiency Index (USHEI).
  • Only about 10 percent of payments to providers in the U.S. are made electronically, USHEI reports.
  • Healthcare providers still receive paper checks from health plans and insurers, manually reconcile them with remittances, and manually post the transaction.
  • Some 19 percent of healthcare providers don’t even try to reconcile their bank deposit, PayStream Advisors reports.
  • The healthcare industry writes off 4.88 percent of its total receivables each year, according to ACA International.

ACA, through CAQH CORE, addresses the standards for reassociating ERAs and EFTs. What ACA doesn’t address are ERAs and EFTs sent from health plans to providers through separate (bifurcated) channels. With ERAs and EFTs coming via different paths, there is no automated bridge between the ACH data set and the ERA data set. Payments and remittances must be manually reassociated to determine which items were paid (such as in the case where a provider receives 10 remittances for $100 and eight payments for $100). The process becomes even more complex if the health care provider receives high volumes of payments; in many cases, reconciliation doesn’t get completed.

Banking Solutions in Medical Lockbox

To help providers achieve the full benefits of electronification, banks can use tools such as the one from OrboGraph to link EFTs (ACH transactions) with EOBs and ERAs to automatically reassociate payments and remittances. The solution can even drill down to specific billing information contained on each claim that was paid by specific ACH transactions, enhancing the bank’s receivables services. Banks also enjoy a trusted fiduciary relationship with providers.

A 2010 study by the Institute of Financial Operations found that 27.1 percent of providers were considering banks for managing electronic remittances. This is a great opportunity for banks to both add value and become a stronger player in the healthcare payments flow.

Ultimately, reassociating EFTs and ERAs offers new revenues and stronger customer relationships.

Want to learn more? Click here to read our white paper on reassociating EFTs and ERAs.

Leave a Comment

Review your needs with an OrboGraph expert.

Sign up below for your complimentary assessment or to request
estimated solution pricing from OrboGraph.