ORLANDO, Fla., May 27, 2016 /PRNewswire/ -- CollaborateMD (CMD), a leading provider of innovative and intelligent cloud-based revenue cycle management solutions, has now made Real-Time Claim Submission and Editing (RT-CSE) available to all users with the recent release of v9.4.
Customers of CollaborateMD are thrilled that they can now submit individual claims or batches for immediate clearinghouse processing and have tens of thousands of edits performed on them. In essence, RT-CSE makes CollaborateMD and the clearinghouse appear as one.
Benefits of Real-Time Claim Submission and Edits are:
- Faster reimbursement
- Faster submission
- Faster error notification
- Faster error correction
"Real-Time Claim Submission is the best! I'm loving it," said Dexter, a CollaborateMD customer and billing service owner in Florida.
Currently, medical offices enter healthcare insurance claims throughout the day and must wait until the next morning to determine if the claims passed and were sent to the insurance payer. With v9.4, an office will enter a claim at any time and get the edit results immediately. If it passes the edits, it will be on its way to the insurance payer. If there is an issue, the office can fix any errors and repeat the process. At the end of the workday, offices will have the peace of mind that all claims are already at the payer or will get to the payer soon.
"Today is a great day for our current customers and future customers," said Douglas Kegler, CEO and Founder of CollaborateMD. "Having leading edge real-time claim submission after 16 years of batch mode is just awesome. Thanks to our excellent partner RelayHealth! Onward and upward to the next milestone!"
For more information on Real-Time Claim Submission, please visit http://www.collaboratemd.com/real_time_claim_submission
Since 1999, CollaborateMD's innovative and intelligent cloud-based revenue cycle management software solutions have contributed to the financial and operational success of medical practices and medical billing services across the country. CollaborateMD's Windows and MAC solution, with its simplicity, intelligence, and phenomenal support, is used by thousands of medical providers and has processed over 32 billion worth of medical claims.