Hospitals Achieve Faster EOB Processing, Greater Cost Savings with Innovative Data Capture Solutions from Shamrock

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Automated tool creates EDI files from paper EOBs and automatically sends them along, speeding the revenue cycle and reducing manual steps

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Hospitals need to bill for their clinicians’ services as quickly as possible and relying on manual EOB processing or an inadequate data capture tool isn’t going to cut it. With our solution they are getting reimbursed faster.

Hospitals are making great strides toward achieving fully electronic health records (EHRs), but in administrative departments like patient finance, paper is still pervasive. Processing hard copies of EOBs wastes time and delays the revenue cycle, potentially leaving millions of dollars on the table. That’s why hospitals have turned to the new automated data capture offering from Shamrock Solutions, which provides custom solutions and professional services for Lexmark Enterprise Software products.

“Many companies offer data capture products, but these usually require copying the paper EOB and linking it to every person listed in it,” said Shamrock founder and CEO Robert Albright. “Our solution skips this step, automatically creating EDI files from the EOB contents.”

Once the Shamrock solution has extracted the information from the EOB and created an EDI file, it sends this into the EDI engine without user intervention. By eliminating time-consuming, error-prone manual steps, the solution enables the patient finance team to expedite billing to insurance companies, and government programs such as Medicare and Medicaid.

“Hospitals need to bill for their clinicians’ services as quickly as possible and relying on manual EOB processing or an inadequate data capture tool isn’t going to cut it,” Albright said. “With our solution they are not only getting reimbursed faster, but also saving hundreds of thousands in labor costs.”

About Shamrock Solutions

Shamrock Solutions is a fast-growing IT professional services company, providing technology solutions to organizations of all sizes and from all industries. Our range of services includes implementation, support, tune-ups, configuration, staff augmentation, project management, and more for Lexmark Enterprise Software (formerly Perceptive Software) process and content management solutions and Microsoft SharePoint. We also provide “Special Ops” projects that address customized development and integration solutions that help organizations achieve their unique business objectives. Learn more at http://shamrocksolutionsllc.com

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Mindy McKenna
@ShamSolutions
since: 03/2012
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