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Description
Compatibility Level
Clients
Use cases
EHR integrations
Client types
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Jump to:
Categories
Solutions
Description
Compatibility Level
Clients
Use cases
EHR integrations
Client types
Differentiators
Keywords
Media
Company details
ArcoInvoice
ArcoInvoice

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Categories

Solutions

Description

Product Description:
MedData has been performing Third Party Liability and Workers' Compensation services for nearly 30 years and serves clients in this capacity across the United States. Whether it is an automobile accident or other event, having clearly defined and meaningful priorities is critical to success. Our Worker’s Compensation efforts typically deliver an average revenue recovery improvement of 20%. We use diverse and targeted methods to identify all potential payer sources immediately and collect on all potential dollars. We use a well-tested process for finding insurance on all TPL and WC accounts to identify and coordinate benefits with all payer sources. Our No. 1 priority is to recover as much cash for you as possible in the most compliant way, while focusing on providing a positive patient experience for your patients in accordance with our Mission and our Values. We ensure compliance with all federal and state statutes through intelligent/proactive system management. Our processes properly coordinate coverage with governmental sources and contracted payers. We have hundreds of internal resources that are specifically dedicated to our TPL and WC programs. As mentioned above, we have a team of attorneys and healthcare executives that support and guide our TPL and WC operations. We have the experience and existing infrastructure to provide high quality, cost effective third party liability services. We fully understand that achieving success with any project requires diligence and urgency in identifying the correct payer, submitting the claim correctly (and submitting supporting documentation where necessary), and correctly anticipating and resolving any issues that manifest in the adjudication of the claim. Since Workers’ Compensation accounts don’t coordinate with other payers, our focus has been on eliminating all of the roadblocks to a quick recovery. As a result, we’ve been at the forefront of electronic billing and remit transmissions. When we bill electronically, we typically see a 45% decrease in processing time. This is simply something that no other vendor offers. Whether it’s an automobile or workplace accident, having clearly defined and meaningful priorities is critical to success. Our Technology • Coordination of Benefits: Scrubs patients against commercial and government payer databases in an attempt to locate coverage that may have been available at the time of service. • Electronic Billing: We have the largest electronic billing database for Industrial and Auto payers, speeding up the payment process by 45 days. • Patient texting capability
About MedData:

MedData has been a tenured and trusted healthcare revenue cycle management services provider for more than 40 years, delivering technology-enabled and patient-focused RCM solutions, including Eligibility & Disability, Accounts Receivable Services (ARS), Injury Accounts (Workers’ Comp, Auto, etc.), Veterans Administration, Patient Responsibility/Early Out, COB Denials, and Out-of-State Eligibility. MedData has patient advocates from coast to coast and experience with hospitals and health systems of all types – large to small, rural to urban, nonprofit to for-profit – giving the company a nationwide presence with a local feel that’s scalable to any volume. Click the "Files" tab for downloadable content with more information about our organization.

Product Description:
ArcoInvoice helps to automate the process of your (supplier) invoices. Whether you receive invoices via paper, e-mail or EDI, we extract the data into our platform and connect to your existing ecosystem such as your CRM, DMS and ERP software package. We use your internal business rules and customize your workflows (GL codes, cost centers, approval flows) to avoid manual errors, in a fully legally compliant and auditable way.
About Arco Info Inc.:

At ArcoInfo, we believe that people should be freed of repetitive, manual tasks to add more value to their organization by leveraging technology without adding additional IT resources.

Our proprietarry "as a Service"-platform in the cloud can act as an end to end solution, but also as a middleware to integrate your current software ecosystem through our open API.

Compatibility level

Select which hospital or health system you work at and see a personalized compatibility level.

Clients

Select which hospital or health system you work at and see the client list

Use Cases

Description:

None provided

Pediatric use cases:

None provided

Users:

None provided

Description:

We created an end-to-end solution to import, register, approve and archive complete purchase invoices and credit memos directly into your ERP software system. 


Features:

Document capture (paper, attachment, EDI)

Approval Flows

GL codes / Cost Centers

3-way matching

and more...

Pediatric use cases:

None provided

Users:

Account Payables (AP) Department, Procurement Departments, Finance Department

Chief Finance Officer, Chief Procurement Officer

Director AP, VP of Finance

EHR Integrations

Integrations:

None provided

EMR Integration & Relevant Hardware:

None provided

EMRs Supported:

None provided

Hardware Compatibility:

None provided

Integrations:

ERP system, Other

EMR Integration & Relevant Hardware:

Use case dependent

EMRs Supported:

Not applicable

Hardware Compatibility:

Desktop, Mobile / Tablet (web optimized), Other

Client Types

Differentiators

Differentiators vs EHR Functionality:

None provided

Differentiators vs Competitors:

None provided

Differentiators vs EHR Functionality:

Easy set-up & implementation (6-8 weeks depending on complexity)

Transaction based model (by # of invoices)

Additional (human) validation to ensure accuracy of 99.7%

Differentiators vs Competitors:

Multichannel (paper, attachment and EDI)

Multilingual

Transaction model (pay per invoice)

Keywords

Images

No images provided

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ArcoInvoice.jpg

Videos

No videos provided

No videos provided

Downloads

No content provided

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2021 Healthcare ArcoInvoice.pdf

Alternatives

Company Details

Founded in 1980

Founded in 1993

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