Parascript for Revenue Cycle Management

Reduce manual data entry costs and improve operations

Parascript for Revenue Cycle Management

Reduce manual data entry costs and improve operations

Parascript for RCM | Support Technologies

Reduce your manual data handling costs by 50 percent or more.

With Parascript, you can increase your data quality and significantly reduce your costs while gaining control of process quality. The result is greater efficiency at a lower cost and more reliable data ensuring you deliver superior RCM solutions to your customers.

Whether your organization owns or outsources the document processing function, we work with you and any outsourcing partner to provide significant value without disruption or replacement of your existing technology. Our software automates document classification, document separation, data location, data extraction and quality verification processes.

Industry’s Highest Performing Claims Capture

Parascript Formxtra offers the industry’s highest performance for data matching and data capture on dropout and  on bitonal documents by leveraging deep learning neural net OCR. Our pre-built model is tuned to a double-blind data entry level of performance. Parascript technology automatically scans each line and adjusts formats to instantly align page size and eliminate distortion. It also removes any form structure on a field-basis to provide the best recognition for HCFA and UB forms.

FIND OUT MORE:

Accurate, Reliable, Low Cost Data | EOBs, Superbills, Claims & Checks

Easily classify and extract reliable data from your explanation of benefits (EOBs), superbills, claims and checks using Parascript software, powered by artificial intelligence with machine learning. Use Parascript software to locate and extract common “header” data including the date of notice, patient number, claim number and patient name with its automated template-less, machine learning solution. Parascript also supports claims data including service date and financial data (billed, allowed, deductible, copay, code and paid amount). It validates the individual service lines and the claim totals to ensure that the amounts match.

Advanced Check Processing

Parascript enables comprehensive check processing and signature verification in high-volume, complex document processing environments using a single recognition SDK. Parascript CheckPlus automates check courtesy amount and legal amount recognition (CAR/LAR), check number, date, payee name and MICR lines, verifies signature presence and locates payor blocks.

Parascript CheckPlus offers: (1) superior recognition rates and accuracy, (2) improved recognition results of MICR line, and (3) Accurate detection of signature presence.

Classification Made Easy

Parascript Document Classification makes understanding and organizing your healthcare claims, EOBs, invoices, superbills and other documents a simple process. Even if you don’t know anything about your volumes of documents, you can automatically organize them. Once they are classified, you can create simple workflows for metadata and even use the data within your documents to ensure more-descriptive searchable data.