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

Product Videos

See how each product/service module of OrboAnywhere and OrboAccess delivers value from our check and healthcare payment platforms

Corporate Video & Podcast

See and hear how OrboGraph incorporates AI, deep learning and self learning technologies into its product suite

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

How to Simplify Concurrent, Revenue Cycle Improvements

On the heels of the HFMA ANI expo and show, where thousands of vendors presented new and invigorating concepts for finance and the revenue cycle, an article in RevCycleIntelligence.com, spearheaded by Nalin Jain, Delivery Director of Advisory Services for CTG Health Solutions, provides insight on how to simplify many ongoing RCM improvements.

“Whether you call it revenue cycle or protecting your reimbursement, success will depend on making  many improvements simultaneously. It’s not just one small thing that you fix, but making several improvements and making them simultaneously through the process from pre-care to zero balance.”

According to Jain, providers getting the best results are addressing 5 major categories:

  • Pre-service (e.g., pre-registration, pre-authorization)
  • Process of care
  • Process integrity practices (e.g., charge master, coding compliance, clinical documentation)
  • Billing services (e.g., customer support, collections, follow-up)
  • Administrative services (e.g., contract management, fee schedules, debt collections, managed care contracts, denial management)

Jain goes on to recommend that physician practices and hospitals pay special attention to three broad functional areas: financial, technical, and operational.  The integration of these three areas will help determine priorities and simplify how projects are managed.

Managing the process of simultaneous work process improvements should consider the business models deployed. A centralized vs. decentralized vs. outsourcing vs. hybrid billing models all have pluses and minuses as it relates to the deployment of changes.  One must consider versatility and time to deployment. For example, if a process can be reworked in a few weeks or month and deployed successfully, that is a huge win!

An advantage of targeted efficiency deployments are that they enable the organization to focus on its core competencies (e.g., patient) but achieve major savings, i.e. 30-70%! A good example is Orbograph’s OrboAccess suite.  Several areas which yield major savings include eliminating the manual processes around payments, remittances, and correspondence letters. A recent client actually converted in 6 days.

As we transition into second half of 2017, consider the ramifications of quick, focused changes like these.  It’s called “winning”!  Happy Independence Day!

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