EOB Conversion with Payer Lockbox Transforming Paper into Electronic Payments In today’s cost-pressured environment, hospitals and healthcare providers can no longer afford to spend hundreds of hours and thousands of dollars a month processing paper checks and remits. That’s where ZirMed’s EOB Conversion with Payer Lockbox comes in. What EOB Conversion with Payer Lockbox Does For You: Reduces Effort Eliminates Lost Checks and Correspondence Saves Time Reduces Bank Reconciliation Issues Reduces Errors How does EOB Conversion with Payer Lockbox work? EOB Conversion with Payer Lockbox sends all paper records to a secure lockbox, which holds all digitized remits. Step 1 Step 2 Digitize Deposits Convert and Map Step 3 Automate Workflows EOB Conversion with Payer Lockbox is the fastest, easiest, and most accurate way to manage paper-based payments, handling everything in 3 steps: 1. Digitize Deposits Route mail from payers to dedicated digital lockbox Image and index all checks, correspondence, statement stubs, and remittance advices Transform checks into EFT transactions and deposit into bank accounts Convert paper remittance advices into electronic transactions 2. Convert and Map Match newly digital ERAs and payments to deposits and claims for payer payments 3. Automate Workflows Obtain posted files for payer payments to import into HIS or PM Automatically reconcile and post payments Use quick search for individual ERA, deposit, and date Save hundreds of hours and thousands of dollars each month by eliminating manual processes and errors with EOB Conversion with Payer Lockbox. Call 888.979.4345 • www.zirmed.com
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