Flexpost - Revenue Cycle Management Services

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HOV Services approaches Revenue Cycle Management (RCM) by taking the inbound feed of information from the payer or lockbox/bank service, whether paper, EDI and/or 835, applying customer defined business rules to extract information from Remittance Advice (Explanation of Payment) and indexing this information to specific patients.

HOVS then reconciles the remittance with the claim and with the payment amount. An electronic Reconciliation Report is prepared in order to auto-populate our client's accounting system with amounts paid and prepares a Discrepancy Report of variances for denials management.

HOVS can also host this information for 7x24 access for viewing and/or for additional data processing; all you need is a standard web browser. You determine the length of archive time, thus immediately reducing storage costs.

Flexpost Integrated Revenue Cycle Management Solution