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ZirMed Revenue Cycle Management Sol ution
ZirMed® EOB Conversion
with Payer Lockbox
Part of ZirMed’s comprehensive revenue
cycle management
solution for healthcare
I
n today’s cost-pressured healthcare envi-
paper-based payments. Its three-step process
ronment, you can no longer afford to spend
saves hundreds of hours and thousands of
hundreds of hours a month processing paper
dollars every month by eliminating manual pro-
checks from payers. At ZirMed we know that
cesses and errors:
the less time and money you spend collecting
and processing revenue, the more stable and
successful your organization will be. That’s
why we created EOB Conversion with Payer
Lockbox.
1. DIGITIZE DEPOSITS
• Route mail from payers to dedicated digital
lockbox.
• Image and index all correspondence, checks,
statement stubs, and remittance advices.
EOB Conversion with Payer Lockbox from
ZirMed is unlike any other revenue cycle auto-
• Transform checks into ACH transactions and
deposit into bank accounts.
mation service available. Designed specifically
to reduce the time, effort, and errors associated with paper check payments from payers,
EOB Conversion with Payer Lockbox is the first
service to fully automate this previously tedious
and error-prone process. From receiving, open-
“EOB Conversion with Payer Lockbox
lets us focus on value-added work for our
clients, and allows us to redeploy staff in a
more leveraged manner.”
­– Carrie Moneymaker
Medical Management Professionals, Inc.
ing, and processing paper checks to posting
and reconciling payments, EOB Conversion
with Payer Lockbox saves you time and money.
2. CONVERT AND MAP
• Convert paper remittance advices into electronic transactions (835s).
Benefits
• Takes digital images and indexes all checks
and documents.
• Electronically deposits payments into your accounts in less than two business days.
• Converts paper remittance advices into electronic transactions.
• Automatically reconciles claims, deposits,
and remittances for payer payments.
EOB Conversion with Payer Lockbox is the fastest, easiest, and most accurate way to manage
• 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.
Ready to Transform Your Financial and Clinical Performance? Contact ZirMed today at:
1-877-494-1032 or www.ZirMed.com
About ZirMed®
ZirMed® empowers healthcare organizations to optimize revenue and population health with America’s only comprehensive
end-to-end platform of cloud-based financial and clinical performance management solutions.www.ZirMed.com.
© 2015 ZirMed, Inc. All rights reserved