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Solutions
Description
Compatibility Level
Clients
Use cases
EHR integrations
Client types
Differentiators
Keywords
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Company details
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:

AKASA is the preeminent provider of generative AI solutions for the healthcare revenue cycle. Our offerings are built on the AKASA platform, which integrates the company's proprietary generative AI technology and deep revenue cycle expertise to deliver exceptional impact for hospitals, health systems, and the patients they serve. 

  • Authorization - Enhance prior authorization by empowering your patient access team with a GenAI assistant that helps them complete a higher volume per day with less effort.
  • Medical Coding - Achieve unprecedented coding comprehensiveness, transparency, accuracy, and efficiency with GenAI-powered coding recommendations trained on your data.
  • Claim Attachment - Simplify solicited doc submission to payers with automation powered by GenAI — helping resolve them more efficiently, reduce payment delays, and lower denials.
  • Claim Status - Obtain up-to-date status info for submitted claims automatically, alleviating the burden on staff, speeding up claim resolution, and preventing reimbursement delays.
About AKASA:

AKASA is the preeminent provider of generative AI solutions for the healthcare revenue cycle. Our offerings are built on the AKASA platform, which integrates the company’s proprietary generative AI technology and deep revenue cycle expertise to deliver exceptional impact for hospitals, health systems, and the patients they serve. Our platform is used by more than 475 hospitals and 8,000 outpatient facilities. AKASA helps healthcare organizations improve revenue outcomes, achieve greater efficiency, empower staff, and allocate resources where they matter most.

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:
  • Prior authorization submissions
  • Prior authorization status check
  • Medical coding - review of missed opportunities
  • Claim status check
  • Resolving solicited claim attachment requests from payers  
Pediatric use cases:

See the above list. 

Users:

RCM teams including:

  • Prior authorization - prior auth managers, supervisors, leads, and specialists
  • Medical coding - coders, coding managers and supervisors, HIM managers and directors 
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:

Required

EMRs Supported:

Epic, Cerner

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:

See below. 

Differentiators vs Competitors:

Our solutions are powered by the latest generative artificial intelligence (GenAI) technology. Our healthcare-specific GenAI model is fine-tuned for revenue cycle management tasks. We trained our GenAI on a large data set (43M+ clinical documents). AKASA is the only AI company whose technology is trained on a health system's own clinical data, enabling AI to better understand the specific nuances of a health system.

GenAI can rapidly and accurately understand complex clinical documents (such as patient records), comprehend clinical context, extract information, and use the data in meaningful ways, such as in prior authorization and medical coding. 

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

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AKASA Authorization Image

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ArcoInvoice.jpg

Videos

No videos provided

No videos provided

Downloads

media thumbnail
AKASA Rev Cycle Portfolio Overview.pdf
media thumbnail
2021 Healthcare ArcoInvoice.pdf

Alternatives

Company Details

Founded in 1993

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