Provider Claims/Receivables Portal
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Despite much progress in the electronification of business processes, the healthcare
industry is still faced with a proliferation of disparate technology/processes and
a lack of standards. For a typical healthcare provider – who must interact with
numerous payers in order to verify patient eligibility, submit claims, receive claim
status updates, and accept and interpret adjudicated claim payments and remittance
documents – this creates significant inefficiency.
Historically, providers have had to follow several disparate processes across multiple
vendors to manage submitting claims to various payers, getting paid and everything
in-between. Health plans who are Metavante clients report that, with traditional
eligibility systems in place, 60 percent of incoming calls are from providers seeking
eligibility information and verification. Another 25 percent of calls are related
to claim status inquiries from providers. These tasks, including initiating paper
check payments and paying for postage, have been traditionally inefficient and expensive
ones for payers and providers, thus driving up the cost of healthcare.
Forging new connections between payment and data systems to quicken the claims process,
Metavante’s HealthGateway enables healthcare providers to expedite benefits eligibility
verification and claims submission, accept multiple forms of patient payment, reconcile
health plan (payer) payments to claim activity and receive associated explanation
of benefit (EOB) and electronic remittance advice (ERA). With connections to more
than 1,200 (and growing) payers, HealthGateway delivers all of this functionality
through a single, on-demand, online self-service tool. Combined with HealthCollect,
Metavante’s lockbox solution, HealthGateway delivers faster access to cash receivables,
increased operational efficiency and a reduction in administrative overhead for
providers.
Increased consumer responsibility for the cost of their healthcare has changed the
dynamics of the healthcare industry and heightened providers’ focus on revenue cycle
management. HealthGateway helps healthcare providers maximize workflow efficiencies
around claims handling and streamline receivables management, quickening the claim-to-cash
cycle.