Case Study: Organization Streamlines Processes, Reduces Labor Costs And Increases Daily Cash Postings Using CareMedic's Payment Management

MultiCare found itself challenged with excessive amounts of unallocated payments. MultiCare, like other providers, receives payment notifications in a variety of formats, including paper-based Explanation of Benefits (EOBs) and electronic ANSI 835 remittance advice transactions. Each transaction can contain remittance information for hundreds of individual patient claims.

Almost concurrently to MultiCare's recognizing the need to address this issue, CareMedic representatives introduced health system administration to its newest solution offering, Payment Management, an ASP-based, all payer solution for managing remittances. By leveraging CareMedic's expert staff and existing market-leading solutions, Payment Management offers users an efficient solution for managing and automating payment processes and a single point of access to insurance payment data.