All providers - large hospitals, small practices - have the same need: Capturing and converting data from Explanation of Benefits (EOBs) accurately and quickly, without increased costs or incessant delays.

Manual EOB entry can create more problems than results. Entering unbelievable volumes of EOB data by hand is time consuming and leaves ample room for mistakes - what's more, all the payer paperwork is hard to access.

BancTec's EOB processing and conversion service helps you accelerate the process, to improve productivity and lower costs. Electronically captured EOB data means you instantly have access to the claim data you need. It gives you unprecedented full life-cycle control of documents. Now it's easy to validate data, accurately balance procedural charges, claim totals and EOB totals, review discrepancies, verify items line by line to match original claims. Let BancTec take care of capturing and converting your EOBs - so you can pay attention to more important (and profitable) jobs, like discrepancy resolution, and faster payment processing.

FEATURES

• Reduces manual data entry costs
• Captures EOB data from scanned images and provides ERA (835) conversion
• Eliminates template setup
• Offers high recognition rates and sophisticated auto balancing
• Provides immediate form identification and profiling
• Eliminates pre-sorting of EOB form types for mixed batch processing
• Enables HIPAA compliance