Processing Explanation of Benefits
Great patient care goes beyond bedside manners.
Mitigate delays and serve transparent patient data with a better handle on their explanation of benefits (EOBs).
Extract EOB Data
Extract EOB data trapped in documents quickly and efficiently. Scan or email EOBs and watch and intelligent capture separates, migrates, and classifies data.
Integrate with EHRs
Integrate EOB data capture results with Electronic Health Records (EHRs) to streamline the billing and reimbursement process.
Reduce Errors
Irradicate keying and copying errors that too often occur when processing EOBs manually or unintelligent automations.
Improved revenue cycle
Free employees from clerical work, returning the focus to serving patents with fast, transparent information for a smoother revenue cycle.
Why has it been so hard to Process EOBs
As you’ll likely know, EOBs change format depending on the carrier, and contain a wide range of data points. In the same way that it can be hard for humans to process EOBs, it’s been hard for AI too. Until now.
CloudCapture transforms EOBs in a snap
CloudCapture is KeyMark’s intelligent capture as a service offering with an AI algorithm that was built with EOBs in mind.
CAPTURE AND SEPARATION
Separator sheets, separator barcodes, and manual separating are solutions of the past. CloudCapture can take a stack of EOBs, read the data, and automatically separator the files as needed.
MACHINE LEARNING
Trained on a large database of EOBs, CloudCapture compares new formats to existing knowledge and improves its knowledgebase over time through experimentation.
NATURAL LANGUAGE PROCESSING
Past optical character recognition (OCR) systems looked at individual characters. CloudCapture processes and understands complete words, understanding the full context of data to help better distinguish between data points.
DATA CLASSIFICATION
After scanning and separating EOBs, CloudCapture wields classification to identify and label key information – regardless of where it appears on the document – and recreates the data in an intuitive UI that maintains the original data structure.
STRUCTURE IQ
Traditional OCR often struggled with complex or multi-line data structures – common in EOBs. CloudCapture has improved on this by recognizing and understanding these complex data structures and processing them accurately despite variations.
DATA VALIDATION
Manually processing EOBs is a drain on time and resources. Processing the data too quickly with automation can lead to errors. CloudCapture balances AI-driven capture and manual verification for a solution that’s both lightning fast and pinpoint accurate.
Want to see it work?
Start Processing EOBs
We’re incredibly excited to have cracked the case on how to process EOBs for the benefit of our partners in healthcare and insurance. Get in-touch with us to start your project or learn more about KeyMark’s intelligent capture service for EOB!
