Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Introducing the inaugural unified automation™ solution tailored exclusively for the management of healthcare revenue cycles. Establishing trust within healthcare starts with enhanced revenue cycle practices. It's time for RCM to undergo a transformation, and it should be a comprehensive one. Our conviction is that every dollar allocated to healthcare is significant. This belief inspired the creation of AKASA (previously known as Alpha Health), designed to harness advanced technology to tackle the obstacles in revenue cycle management. These obstacles ultimately have financial repercussions for everyone involved. The current methods in RCM hinder the reduction of administrative expenses in healthcare and fail to enhance performance, while existing solutions tend to complicate matters further and inflate costs. The intricacies surrounding medical reimbursements in the United States contribute to rising hidden expenses that affect us all, diminishing the trust individuals have in the healthcare system's ability to meet their needs effectively. In fact, in 2019, the United States incurred an estimated $500 billion in medical billing and insurance administrative costs, highlighting the pressing need for reform. Addressing these challenges is essential for creating a more efficient and reliable healthcare environment.
Description
Vetriq is an innovative platform aimed at automating healthcare revenue cycle processes, specifically targeting the tedious manual tasks associated with payment posting, remittance handling, and financial reconciliation for medical facilities. By streamlining the management of Explanation of Benefits (EOB) documents, payer communications, and bank lockbox transactions, it effectively turns incoming payment details into organized electronic data that can be easily integrated into revenue cycle management systems. Rather than necessitating a complete overhaul of a healthcare organization's banking, lockbox services, or existing revenue cycle management framework, Vetriq seamlessly connects with current banking partners and practice management or EHR systems to enhance existing workflows through automation. Its powerful processing engine is capable of converting paper EOBs into standardized electronic remittance formats like 835, which not only eliminates the burden of manual data entry but also dramatically lessens the administrative workload. Ultimately, Vetriq empowers medical organizations to improve efficiency and accuracy in their financial operations while maintaining their established systems and relationships.
API Access
Has API
No
API Access
Has API
No
Integrations
Availity
No
Change Healthcare
No
NextGen
No
TriZetto
No
Waystar
No
XIFIN LIS
No
athenaOne
No
eClinicalWorks
No
Integrations
Availity
Yes
Change Healthcare
Yes
NextGen
Yes
TriZetto
Yes
Waystar
Yes
XIFIN LIS
Yes
athenaOne
Yes
eClinicalWorks
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$22 per hour
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
AKASA
Country
United States
Website
akasa.com
Vendor Details
Company Name
Vetriq
Country
United States
Website
vetriq.com
Product Features
Revenue Cycle Management
Accounts Receivable
No
Claims Management
No
Collections Management
No
EHR/EMR Integration
No
For Healthcare
No
ICD-10 Compliance
No
Insurance Verification
No
Medical Billing
No
Patient Portal
No
Patient Registration
No
Patient Scheduling
No
Payment Processing
No
Product Features
Revenue Cycle Management
Accounts Receivable
No
Claims Management
No
Collections Management
No
EHR/EMR Integration
No
For Healthcare
No
ICD-10 Compliance
No
Insurance Verification
No
Medical Billing
No
Patient Portal
No
Patient Registration
No
Patient Scheduling
No
Payment Processing
No