Automated bank posting and medical payment reconciliation
Automate Your Claims Processing
Eliminate the use of paper and make the switch to cleaner, quicker electronic claims. With electronic processing, a medical clearinghouse can rapidly identify errors and submit batches of claims at once.
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Reduce Errors and Denial Rates
Manual paper claims can have error rates as high as 28 percent. A clearinghouse can cut the error rate to 2-3 percent through electronic submission by proactively correcting errors in claims, ensuring a high first-pass accuracy rate, and helping eliminate lost transactions.
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Maximize Revenue
Decrease administrative costs, reduce bad debt, and accelerate payments with claims automation, all while gaining more visibility into your organization’s financial performance. Identify gaps and reduce your A/R cycle.
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Check Patient Insurance Eligibility
Process 270/271 real-time eligibility requests and/or 270/271 batch eligibility requests. Identify patient coverage before time-of-service and collect payment faster.
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Features of a Medical Clearinghouse
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Concise Dashboard
View your clean claim ratio and stats around claims status and denials
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Integration
Integrates seamlessly into your existing revenue cycle management platforms, including ImagineBilling™
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Rejection Analysis
Prevent and reduce denials via in-depth scrubbing before claims submittal and analysis of rejected claims to reconcile known errors in the future
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Security
HIPPA compliant, PHI protected and cloud-based platform
How do Medical Billing Clearinghouses Work?
- Submit claims electronically to clearinghouse via the browser-accessible solution
- Clearinghouse scrubs claims for errors and denial triggers
- Clearinghouse sends claims electronically to the insurance carrier(s)
- Claims are accepted, and your organization is reimbursed
"Since New England Accounts Receivable Management Inc.’s inception we have put our trust in (this) clearinghouse service. I am always impressed; they are attentive and helpful, even for the smallest of problems. I would never consider leaving."