Automate the hospital receivables process

Your organization's financial health depends on the smooth flow of working capital. Healthcare Remittance speeds up payment application and simplifies reimbursement functions such as check reconciliation, denial processing and secondary billing.

With our Healthcare Remittance service, payments and remittance documents go directly to a lockbox at a processing center in Chicago, Atlanta or Los Angeles. We scan the paper EOBs (explanations of benefits), checks and other correspondence, then consolidate payments for same-day deposit. You can monitor deposits, manage exceptions, and research patient accounts via the DirectLine^® service, our web-based treasury management gateway.

Developed out of BMO Capital Markets' deep understanding of the healthcare industry, Healthcare Remittance frees you from paper-intensive tasks, letting you focus on your core business.