Simplifying Healthcare Receivables Management
Recent innovations in healthcare receivables management are changing how health systems, hospitals and physician practices manage remittance and payment reconciliation. New technology is addressing many of the challenges facing your organization, including manual processes, disparate systems and wide variation in payment types. There is no better time to evaluate and simplify the way your organization processes receivables. CommerceHealthcare® can help you streamline the revenue cycle and create a better experience for your patients and staff. Our solutions compliment your current revenue system without requiring lengthy implementation of new technology.Our receivables management solutions can help your organization:
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Automate manual posting and reconciliation processes
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Simplify system conversions and mergers by splitting and reconciling posting files across billing platforms
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Analyze insurance payer payments to ensure a cost-effective process, removing payer credit cards and fees for electronic payments
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Reduce banking fees related to remittance conversion and lockbox
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Enroll payers through a dedicated monthly surveillance program
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Scale payment processes to support rapid growth
RemitConnect® can automate your remittance and payment reconciliation process, reducing time spent on manual postings and delivering faster access to receivables.
Healthcare Lockbox Services
The CommerceHealthcare® Lockbox service is an efficient and cost-effective payment collection and deposit process designed specifically for healthcare providers.
"Commerce is always looking for ways to streamline our processes and improve our productivity. It’s very important to them that their healthcare solutions work for us in the real world."Accounting Manager
Award Winning Automation
HFMA has recognized CommerceHealthcare® for outstanding receivables management services. Following an extensive review process, RemitConnect® earned the “Peer Reviewed by HFMA®” designation.