Most recently, health care providers are also seeking to improve overall operating efficiencies and eliminate rigorous paper processes. Online EOB document retention systems provide solutions to protect information, retain important documents for compliance, and help these providers overcome such operational obstacles. They can:
- Store and retain EOB's electronically in a secure data facility for their required retention period with ease.
- Organize information so it may be found quickly in an online application by searching by patient ID, name, date of service, etc.
- Save time on retrieving information for patient and audit requests.
- Protect information from being lost due to an unexpected disaster.
An electronic EOB document management system that has a records management module can capture an EOB electronically and automatically set it to be retained for its required period. This can be a huge help when it comes to the common multi-page EOB that could take several minutes to copy, flip through or even file. And because it is captured in the application, you can easily find it later when needed.
With an electronic system, health care providers can improve the way they do business and actually SAVE on costs. As the Department of Health and Human Services' regulations have strict requirements when it comes to EOB compliance, it's important to make sure your system for compliance is secure.
Never again lose, misplace or misfile an EOB! A subscription to an inexpensive online EOB document management system is the key to your operational improvement.