Case Study
VBRCM
Standardized and Streamlined Medicare Payment Posting with AutomationEdge RPA
VBRCM is a new vision for the Revenue Cycle Management (RCM) Company that offers best-in-class compliance and revenue management solutions.
Significant TAT Reduction in Checking and Processing Records from Audit History
1.5 Minutes/Record
Processed Using RPA Bot
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Managing 500+ payment records from patients and insurance providers for initiating claims was a wrecking ball for VBRCM. Moreover, offering an error-free claim transfer to the patient was also one of the reasons the client struggled with.
Automation Goals
- Streamline payment processes
- Implement workload automation
- Reduce errors in the audit reports
- Smoothens employee and staff experience
- Accelerate payment and claim process
Complete the payment before the deadline
Process Overview
To aid the challenges faced by VBRCM, AutomationEdge deployed an RPA bot in the Medicare Payment Posting process. This bot
- Autonomously login and download the payment report
- Verifies account and payment details
- Tracks payment reports
- Update audit reports with status