Concuity (Vernon Hills, Ill.), a healthcare division of Trintech (Addison, Texas), has launched EOB PRO for ClearContracts, its web-based revenue cycle management system.
According to Concuity, ClearContracts enables healthcare providers to identify and correct underpayments due to payer non-compliance in the contract revenue cycle. EOB PRO converts paper-based Explanation of Benefits (EOBs) into HIPAA standard 835s, eliminating the manual process of posting paper EOB payments to a healthcare billing system, says the company.
EOB PRO also allows providers to consolidate various paper and/or electronic remittances into a stream of data; enhances the ability to recover revenue; provides image and data archive capabilities; and increases control and visibility into healthcare transaction processes, contends the company.
