RKB medical banking solution is an extension to our standard image lockbox for medical providers.
The system provides you with a total digital environment via a consolidated financial web portal where all payment information and related electronic and paper documents, along with images are stored. Your electronic payment data is archived along with any imaged documents, check images and/or ACH payment information for a period of 7 years.
We are the core for all of their financial transactions increasing their administrative efficiency by minimizing all electronic and paper claim handling. By implementing the Med View system they will improve collections, increase employee productivity, decrease write-offs, streamline the overall workflow, reduce the chance for fraud, and dramatically improve their profitability and their overall healthcare revenue cycle.
SingleVIEW methodology keeps your Finance and CBO group in sync with processed work, and by simply sending in your 837 files we are able to balance and reconcile all received payments back to the original claim. Business logic rules by payer are built into the system so that the exceptions are minimized or eliminated altogether. Your logic and algorithms are applied to the system so your staff can maximize collection time vs. spending endless hours researching and manually reconciling claims.
Benefits of RKB Medical Banking initiative: