Simplify the Healthcare Revenue Cycle

Exela’s Medical Lockbox solution is designed to address your organization’s unique needs, helping you ensure compliance, reduce costs, and improve quality of care.

Exela’s Medical Lockbox is a comprehensive solution, automating the processing of healthcare receivables, including ERAs, ACH, checks, credit card payments, as well as complex explanation of benefits (EOB) statements with same day deposit and reconciliation.

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Simplify the Healthcare Revenue Cycle

Exela’s Medical Lockbox solution is designed to address your organization’s unique needs, helping you ensure compliance, reduce costs, and improve quality of care.

Exela’s Medical Lockbox is a comprehensive solution, automating the processing of healthcare receivables, including ERAs, ACH, checks, credit card payments, as well as complex explanation of benefits (EOB) statements with same day deposit and reconciliation.

Get In Touch

Convergent Payment Processing

Exela’s image and data capture technology converts payments from all sources into 835 electronic remittance files for direct posting, enabling faster access to funds and better liquidity management.

Convergent Payment Processing

Exela’s image and data capture technology converts payments from all sources into 835 electronic remittance files for direct posting, enabling faster access to funds and better liquidity management.


Integrated Denial Management

Denied claims account for 15-20% of the average healthcare provider’s total claims volume. Exela’s Medical Lockbox addresses this head on with a simple web-based denial management tool that presents the original claim and related remittance information in a single view. Speed up the claims cycle by quickly and easily selecting to adjust the claim, bill the patient, or appeal the denial.

Integrated Denial Management

Denied claims account for 15-20% of the average healthcare provider’s total claims volume. Exela’s Medical Lockbox addresses this head on with a simple web-based denial management tool that presents the original claim and related remittance information in a single view. Speed up the claims cycle by quickly and easily selecting to adjust the claim, bill the patient, or appeal the denial.

Reporting

Improved Visibility

Exela’s advanced reporting tools can turn payment and claims data into actionable information. Easily generate reports  based on a wide range of indices to identify problems, improve processes, and prepare for negotiations. The information revealed through these reports can help with accurate auditing and even in designing new billing systems and functions.

Improved Visibility

Exela’s advanced reporting tools can turn payment and claims data into actionable information. Easily generate reports  based on a wide range of indices to identify problems, improve processes, and prepare for negotiations. The information revealed through these reports can help with accurate auditing and even in designing new billing systems and functions.

Reporting

Automation Saves Time

Streamline your receivables process by automating re-association of ERA/EOB to ACH/check, applying payer-specific business rules to reduce rejects, auto-posting EOB’s, and eliminating manual keying.

Exela processes EOB templates from all 50 states resulting in fewer denied claims.

Automation Saves Time

Streamline your receivables process by automating re-association of ERA/EOB to ACH/check, applying payer-specific business rules to reduce rejects, auto-posting EOB’s, and eliminating manual keying.

Exela processes EOB templates from all 50 states resulting in fewer denied claims.

Optimize your revenue cycle.

Exela’s Medical Lockbox is the ideal solution to help you reduce costs, speed up receivables collection, and improve claims processing times.

Optimize your revenue cycle.

Exela’s Medical Lockbox is the ideal solution to help you reduce costs, speed up receivables collection, and improve claims processing times.